441 NE Alder Street #1 & 2, Issaquah, WA 98027

WA, Issaquah
$1,500,000
  • 3,160 Sqft
  • Residential Income Property Type
  • 1998 Year Built
  • Closed Status
Property Description

A rare opportunity to acquire two adjacent townhome condominium units in Issaquah’s Olde Town, where vibrant eateries, theatre, parks, trailheads are more are a short stroll away. This property is now available for sale for the first time in over two decades. Each well-maintained unit boasts an ideal 3-bedrooms and 2.25-bathromm layout over a spacious 1,580 square feet of living space, ideal for anyone who is drawn to Issaquah, one of the most sought-after submarkets. While the property is profitable in its current operations, new owner can increase cash flow by lifting rents to market and enjoy greater appreciation in property value by selling each condominium unit individually to homebuyers at a later time.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2179900
  • Price: $1,500,000
  • Square Footage: 3,160 Sqft
  • Year Built: 1998
  • Lot Area: 0.15 Acre
  • Status: Closed
  • Office Name: Kidder Mathews
  • Agent Name: Michael Yeh
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System None
  • Exterior Features Metal/Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Issaquah
  • Zipcode 98027
  • Street: Alder
  • Street Number: 441
  • Street Suffix: Street
  • Longitude: W123° 58' 12.9''
  • Latitude: N47° 31' 50.6''
  • Directions: Take Exit 18 E or W on I-90 and head north on Sunset into Downtown Issaquah; Right on 6th; Left on Alder; Townhome will be on left-hand side.
  • Mls Area Major: 500 - East Side/South of I-90
  • Street Dir Prefix: NE
  • Unit Number: 1 & 2
Neighborhood
  • Elementary School: Clark Elem
  • High School: Issaquah High
  • High School District: Issaquah
  • Middle School: Issaquah Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2023-11-14
  • Number Of Units Total: 2
  • Lot Features: Curbs, Sidewalk, Alley
  • Foundation Details: Slab
Financial
  • Association Fee: 416
  • Association Fee Frequency: Monthly
  • Association Yn: 1
  • Tax Annual Amount: 10882
Listing Information
  • List Agent Mls Id: 147492
  • List Office Mls Id: 128
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:48:01Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-01-22T06:18:40Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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