39554 SE Park Street, Snoqualmie, WA 98065

$600,000
1,800
SqFt

Listing courtesy of Coldwell Banker Danforth. Selling Office: The Cascade Team.

Sold Price
$600,000
List Price
$600,000
Status
SOLD
MLS#
1863425
Closing Date
Jun 27, 2022
Days on Market
228
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
1,800
Area Total SqFt
1800
Lot Size (sq ft)
4,000

Property Description

This Tri-Plex sits in a prime location in the heart of downtown Snoqualmie! Two units are two Bedroom one Bath and the third unit is a one bed one bath. All three units have washer dryer hookups and one outdoor storage space. Walking distance to Mount Si school and local parks. Easy access to I-90. Enjoy the mountains views and all the outdoor opportunities. Snoqualmie is also a vibrant thriving arts communit with live music, theatre, and local art at many interesting venues. Many opportunities for this land- upgrade the tri-plex or turn it into a thriving business!

Additional Information

List Date
2021-11-11 00:00:00
Community
Downtown Snoqualmie
Net Operating Income
$51,600
Gross Adjusted Income
$41,933
Gross Scheduled Income
$51,600
Total Monthly Income
$4,400
Insurance Expenses
$569
Water/Sewer/Garbage Expenses
$4,170
Gross Rent Multiplier
13
Total Expenses
$9,667
Cap Rate
7
Vacancy Rate
10
Total Number of Units
3
Unit Name
39554
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1947
View
Territorial
Roof
Torch Down
Site Features
Fenced-Partially
Heating/Cooling Type
Forced Air
Energy Source
Electric, Oil
School District
Snoqualmie Valley
Elementary School
Snoqualmie Elem
Middle School
Snoqualmie Mid
High School
Mount Si High
Total Monthly Income
$4,400
Gross Scheduled Income
$51,600
Vacancy Rate
10
Gross Adjusted Income
$41,933
Tax Year
2021
Insurance Expense
$569
W/S/G Expenses
$4,170
Total Expenses
$9,667
Net Operating Income
$51,600
Gross Rent Multiplier
13
Cap Rate
7
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