38874 SE Newton Street
Snoqualmie, WA 98065
- – beds
- – baths
- 3,464 sqft
- 7,200 sqft lot
- $288 per sqft
- 1976 build
- – on site
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Attention investors: fully-tenanted fourplex in downtown Snoqualmie with actual (not forecast) 5.77 CAP rate, half a block from riverside park and play areas, two blocks from quaint, historic downtown, and close to area schools. Over $95,000 spent in 2009/2010 in conjunction with FEMA to lift the building 9 feet, so no more risk of interior damage from flooding. Seller procured inspection available upon request, completed in early 2021 and completed punch-list of exterior maintenance. Fresh exterior paint. Possibility to increase some rents to market rate and gain an even better CAP rate. Professional management available to new buyer at same rate. Don't miss this opportunity to own in a fast-growing East County community!
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Last updated Mar 23, 2023
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MLS# 1796031 —
Walk Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/23/21
Jul 23, 2021
|
Sold | NWMLS | $1,000,000 | 17.7% |
|
6/24/21
Jun 24, 2021
|
Pending | NWMLS | $849,900 | |
|
6/22/21
Jun 22, 2021
|
Listed / Active | NWMLS | $849,900 |