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Listing 3 out of 13
$4,475,000 For Sale

440 Main Ave S
North Bend, WA 98045

28 units | Multi Family Home
0.8002 acres - MLS# 1228834 Courtesy of Coldwell Banker Koetje R.E.
Property Photo

Description

Cascade Park is a 28 unit senior housing complex in a beautiful community setting. This 2-story elevator serviced garden style apartment building has 27 1bedrm/1bath and 1 2bedrm/1bath units. Amenities include a lobby, an office, community rooms, common bathroom, maintenance rooms, tenant storage room, coin-op laundry, nice landscaping, and a large paved parking lot. Building meticulously maintained by the owners. Easy access to employment centers, shopping, and restaurants in North Bend.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: King County
  • Zip Code: 98045
  • Year Built: 1987
  • Subdivision/Neighborhood: Cascade Park Apartments
  • School District: Snoqualmie Valley
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 16,855 sq ft
  • Units: 28 units
  • # of Parking Spaces: 29
  • Lot Size: 0.8002 acres
  • Accessibility: Yes, See Site Features
  • Area: North Fall City
  • Amenities: Coin Op Laundry, Elevator, Thermal Windows
  • Area Number: 540
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Building Condition: Very Good
  • Electrical Expenses: $8616
  • Energy Source(heat): Electric
  • Exterior: Metal/Vinyl
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete, Slab
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $236423
  • Gross Rent Multiplier: $19
  • Gross Scheduled Income: $234648
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $5381
  • Lot Details: Corner Lot, Paved Street, Sidewalk
  • Net Operating Income: $32018
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 29
  • Other Expenses: $122108
  • Power Company: Puget Sound Energy
  • Rent Unit 2: $695
  • Rent Unit 3: $695
  • Rent Unit 4: $705
  • Rent Unit 5: $880
  • Rent Unit 6: $705
  • Roof: Composition
  • Sewer Company: City Of North Bend
  • Site Features: Cable TV, Disabled Access, High Speed Internet
  • Square Feet Unit 1: 740
  • Square Feet Unit 2: 597
  • Square Feet Unit 3: 597
  • Square Feet Unit 4: 597
  • Square Feet Unit 5: 597
  • Square Feet Unit 6: 597
  • Total Expenses: $187928, $187928
  • Total Monthly Income: $19887
  • Vacancy Rate: 1
  • Water Company: City Of North Bend
  • Water Source: Public
  • Water/Sewer/Garbage: 35912
Courtesy of Coldwell Banker Koetje R.E.


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Frost Home Team
RE/MAX Integrity

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

Frost Home Team | RE/MAX Integrity | Phone: 425-891-0146 | team@frosthometeam.com
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