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Listing 5 out of 134
$1,050,000 Pending Inspection

10016 Renton-Issaquah Rd SE
Issaquah, WA 98027

2 units | Multi Family Home
1.92 acres - MLS# 1408543 Courtesy of Windermere Real Estate/East
Property Photo
1/25

Description

Absolutely stunning, fully-furnished Airbnb/VRBO property on secluded acreage near downtown Issaquah. 2 separate units both professionally designed and furnished. All furnishings, structures & land included with the purchase. Year-round bookings with tons of parking & open space for wedding/graduation/holiday parties. $136,562 gross in 2018, $98,227 NOI, 9.4% cap rate. Live in one half & rent the other. Access to miles of hiking trails, low maintenance, close to I-90, a lucrative investment!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: King County
  • Zip Code: 98027
  • Year Built: 1960
  • School District: Issaquah
  • Elementary School: Apollo Elem
  • Middle School: Maywood Mid
  • High School: Liberty Snr High
  • Sq.Ft.: 3,360 sq ft
  • Stories: Duplex
  • Units: 2 units
  • # of Parking Spaces: 12
  • Lot Size: 1.92 acres
  • View: Mountain
  • Area: May Valley
  • Amenities: Storage, Thermal Windows
  • Approved Number of Bedrooms: 3
  • Area Number: 350
  • Bathrooms Unit 1: 1.50
  • Bathrooms Unit 2: 2.50
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 2
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 9.35
  • Electrical Expenses: $3829
  • Energy Source(heat): Electric, Propane
  • Exterior: Brick, Wood
  • Floor Covering: Ceramic Tile, Concrete, Hardwood
  • Foundation: Poured Concrete, Slab
  • General Zoning Class: Residential
  • Gross Adjusted Income: $136562
  • Heating/Cooling: Radiant
  • Insurance Expenses: $2124
  • Lot Details: Open Space, Paved Street, Secluded
  • Net Operating Income: $98227
  • Number of Carport Spaces: 2
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 10
  • Other Expenses: $25214
  • Power Company: Pse
  • Roof: Composition
  • Sewer Company: Septic
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Sprinkler System
  • Total Expenses: $38335, $38335
  • Units Below Grade: Yes
  • Water Company: Private Well
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 448
Courtesy of Windermere Real Estate/East
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Integrity are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-04-25

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Frost Home Team
RE/MAX Integrity

Phone: 425-891-0146
Email: team@frosthometeam.com

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