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Listing 3 out of 13
$4,475,000 Pending

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: Pending
  • 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.
©NorthWest MLS 2018. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than RE/MAX INTEGRITY are marked with the BR 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 2018-12-14

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Don Bleha   
REALTOR® | Broker
RE/MAX Integrity
Phone: 425-830-7650
Fax: 425-396-7200
dbleha@gmail.com
www.donbleha.com

Don Bleha, REALTOR® | Broker​

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