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$710,000
Sold
8151 Park Avenue SE
Snoqualmie, WA 98065
1,400 square ft.
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Olesya Gordon
Cascade Properties & Invest.
425-295-1344
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Property Information
MLS #: 1912067
Listing Price: $735,000
Status: Sold
Status Date: May 31, 2022
County: King
Area: 540 - East Of Lake Sam
Community: Downtown Snoqualmie
CDOM: 7
DOM: 7
General Information
Property Type: Multi-Family
Property Sub Type: Multi-Family
Calculated Square Footage: 1,400
Yr Built: 1926
Lot Size: 0.165 ac/7,200 sf
Lot Size Src: Public Records
Elementary: Snoqualmie Elem
Jr High: Snoqualmie Mid
Snr High: Mount Si High
School D: Snoqualmie Valley
Map Book: Thomas Brothers
Directions: SR-202 / Railroad Ave SE. Right on Se River St. Curve right onto Park Ave SE and the duplex will be on the right.
Remarks
Fantastic Investment Opportunity for this darling duplex across from the Snoqualmie River and future boardwalk to Snoqualmie Falls! In the heart of downtown Snoqualmie, this is a perfect location to walk to shops, restaurants and the train depot! Tons of flexibility for investment income. Owner has run an Airbnb business on one side and occupied the other. Also perfect for long-term rental of both units! Rents are based on Airbnb but support market rents. Expenses include water/sewer/trash, taxes, insurance, Cable TV and lawn maintenance. Look no further, this is the perfect spot for your investment!
Agent/Office Information
Commission: 2.5%
Commission Comments: Thank you!
Listing Information
TaxID: 7849200260
Ann Taxes: $4,891
Tax Year: 2021
Zoning: City
Snr Expt: No
Form 17: Provided
Possession: Closing
Terms: Cash Out, Conventional, FHA, and VA
First Refusal: No
Auction: No
Bank/REO: No
Prlm Ttl: No
3rd Prty: None
Building/Site Information
# Stories: 1
Prk Spc: 3
Ttl Rnt Sf: 1400
Style Code: 52 - Duplex
Project: Snoqualmie Falls Add
Bld Cond: Very Good
Roof: Composition
Foundation: Poured Concrete
Exterior: Wood and Wood Products
Sewer: Sewer Connected
View: Mountain, River, and Territorial
Lot Dtls: Alley, Curbs, Open Space, Paved Street, and Sidewalk
Energy Src: Electric
Gen Zone: Business, Commercial, Multi-Family, Office, Residential, and Retail
Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, and Outbuildings
Update History
Original Price: $735,000
Current Price: $735,000
Price Change: $0


DatePriceChange 
04/07/22$735,000$0
Interior Information
Heat/Cool: Baseboard and Wall
Floor Cover: Ceramic Tile, Hardwood, and Vinyl Plank
Utility Information
Power Co: PSE
Water Src: Public
Water Co: City of Snoqualmie
Financial Information
Net Op Inc: $31,362
Gr Adj Inc: $48,000
Gr Sch Inc: $48,000
Ins Exp: $3,387
Wtr Sw Grb: $6,000
Gr Rnt Mlt: 15
Ttl Exp: $16,638
Cap Rate: 4.30%
courtesy_of

Somewhat Walkable

Some errands can be accomplished on foot.

Walk Score Detail Map