The Colby Apartments 10-Unit Complex. Solid investment venture with current income & Value Added Opportunities. Great opportunity for investors who recognize current value w/under market rents; Ability to make improvements to existing units, creating additional income value. Large 2nd vacant lot creates more options for potential development. Located just south of downtown Issaquah. Fully rented units. High rental demand area for employees of nearby Costco Headquarters, Swedish Hospital, Microsoft etc. Forested areas & paths to downtown Issaquah create an ideal living space for access to work, town and the outdoors! Take advantage now and discover for yourself this remarkable opportunity!
Sold
Listed by:
Craig M Gaudry,
Windermere Real Estate/East,
Philip C. Snyder,
RSVP Brokers ERA
$2,600,000
850 Front Street S, Issaquah, WA 98027
--beds
--baths
9,280sqft
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$280/sqft
$2,037 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:46am
Listed by:
Craig M Gaudry,
Windermere Real Estate/East,
Philip C. Snyder,
RSVP Brokers ERA
Bought with:
Hugh Stewart, 73889
Windermere Real Estate/East
Source: NWMLS,MLS#: 2030714

Facts & features
Interior
Features
- Flooring: Hardwood, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 9,280
- Total interior livable area: 9,280 sqft
Property
Parking
- Total spaces: 25
- Parking features: Open
- Uncovered spaces: 25
Features
- Patio & porch: Hardwood, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.54 Acres
Details
- Parcel number: 3424069196
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone, Wood Siding
- Foundation: Poured Concrete
- Roof: Torch Down
Condition
- Average
- Year built: 1962
- Major remodel year: 1990
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: N/A
- Water: Public, Company: City of Issaquah
Community & neighborhood
Location
- Region: Issaquah
- Subdivision: Issaquah
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 678 days