320 Northeast 8th Street
320 Northeast 8th Street
North Bend, WA 98045
$799,000
Last Sold Price
3
Beds
3
Baths
1,500 Sq. Ft.
$533 / Sq. Ft.
1,500
Sq. Ft.
$533
per Sq. Ft.
Sold 1/31/23
Sold 1/31/23
Listing provided courtesy of Better Properties Hometown
Description
Rare investment opportunity! With a prime location in a highly walkable neighborhood of North Bend, fully renovated, and show-stopping views of Mt Si, this duplex offers the potential for excellent cash flow! Unit A has 2 beds /1.75 baths and boasts a large walk-in closet with built-in shelving. Unit B features 1 bed/1 bath. They are fully self-contained with separate driveways. Both have private decks to enjoy the great outdoors. With a new 30-year roof, updated electrical, and all NEW interior,...Rare investment opportunity! With a prime location in a highly walkable neighborhood of North Bend, fully renovated, and show-stopping views of Mt Si, this duplex offers the potential for excellent cash flow! Unit A has 2 beds /1.75 baths and boasts a large walk-in closet with built-in shelving. Unit B features 1 bed/1 bath. They are fully self-contained with separate driveways. Both have private decks to enjoy the great outdoors. With a new 30-year roof, updated electrical, and all NEW interior, the turnover cost will be low for years to come. You can rent both units or “house hack” as you grow your portfolio. If you’re looking for a turn-key property that offers cash flow and a prime location, schedule your tour today.
- Listed by Nohemi Grigorash • Better Properties Hometown
Property Details for 320 Northeast 8th Street
Community Name
Snoqualmie
School DistrictSnoqualmie Valley
ViewMountain(s), Territorial
Number of Assigned Spaces6
Total Covered Parking0
Entry Date01-06-2023
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of Better Properties Hometown![]()
Sold By Better Properties Hometown
Add your commute
LISTING UPDATED: 02/03/2023 12:54 PM
Property Details for 320 Northeast 8th Street
| Status | Sold |
|---|---|
| MLS # | 2025884 |
| Days on Market | 6 |
| Cumulative Days on Market | 418 |
| Taxes | $5,500 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1943 |
| Lot Size | 0.27 AC / 11,753 SF |
| County | King County |
Location
Listing Courtesy of Better Properties Hometown![]()
Sold By Better Properties Hometown
Add your commute
Building Information for 320 Northeast 8th Street
Stories1Residences2Year Built1943Building Size-Lot Size0.27 AC / 11,753 SF
Payment Calculator
$4,819 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,360
Property Taxes
$458
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 320 Northeast 8th Street
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 540 - East Of Lake Sam
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Mount Si High
- Effective Year Built Source: Public Records
- Directions: GPS is accurate
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 1.0
- Carport: No
- Open Parking Spaces: 5.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Amenities: Thermal Windows
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked, Wood, Wood Products
- Roof: Composition
Property
Utilities
- Heating and Cooling: Wall
- Water Source: Public
- Water/Sewer/Garbage: 2300
- Power Company: PSE
- Sewer Company: Septic
- Water Company: City of North Bend
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Block, Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1943
- Photos Count: 13
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 0323089165
- Building Condition: Very Good
- Calculated Square Footage: 1500
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1500.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 5
- Number of Stories in Building: 1
- Vacancy Rate: 5
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $1,500
- Total Expenses: 12500
- Gross Adjusted Income: 45100
- Gross Rent Multiplier: 13.87
- Gross Scheduled Income: $57,600
- Insurance Expense: $1,700
- Net Operating Income: $45,100
- Other Expenses: $0
- Total Monthly Income: 4800
- Fuel Expense: $1,500
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 900
- Rent Unit 1: $2,800.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 600
- Rent Unit 2: $2,000.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 1500.0
- Leasable Area Units: Square Feet
Property History for 320 Northeast 8th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 320 Northeast 8th Street
Taxable ValueLand$326,000Additions$350,000Total$676,000
Tax Record2022$5,820 ($485 / month)
Home Facts
Baths1.5Total Finished SqFt1,440 SqFtAbove Ground SqFt1,440 SqFtStories1Lot Size11,753 SqFtStyleDuplexYear Built1943ZoningLDRCountyKINGAPN032308-9165
Schools near 320 Northeast 8th Street
This home is within Snoqualmie Valley School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
North Bend Elementary School PublicK to 5 | ||
Twin Falls Middle School Public6 to 8 | ||
Mount Si High School Public9 to 12 | ||
Snoqualmie Access PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Better Properties Hometown
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.