Redmond, WA 98052,17229 NE 40th ST
Redmond, WA 98052,17229 NE 40th ST
Redmond, WA 98052,17229 NE 40th ST
Redmond, WA 98052,17229 NE 40th ST
Redmond, WA 98052,17229 NE 40th ST
Redmond, WA 98052,17229 NE 40th ST
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Listed by Skyline Properties, Inc.
Bought with RE/MAX Eastside Brokers, Inc.

$2,172,000

$2,350,000

7.6%
Est.Price: ?

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Est. payment /mo

4,160 SqFt


SOLD DATE : 03/14/2024

Key Details

Sold Price $2,172,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,160 sqft

Price per Sqft $522

Subdivision Microsoft

MLS Listing ID 2072269

Sold Date 03/14/24

Style 54 - 4-Plex

Year Built 1951

Annual Tax Amount $11,032

Lot Size 0.595 Acres

Lot Dimensions 185 x 140

Property Description

4plex on large lot, 2 min from Microsoft. Value in land, Excellent development site for 2 luxury homes or long term hold with income stream. Views of Lake Sammamish from upper floor. Zoned R-4, Development site suitable for two large view homes with ADU units. Triplex has some remodel and updating.4th unit is spacious remodeled 2 bedroom/2 bath detached house. Property is well maintained and all systems are functioning and operable. Income producing property can generate $9,020 per month, during lot line adjustment process and approval through the city of Redmond. Highly desirable schools. 2 blocks from waterfront and Idylwood Park, lot is 25, 900 sq feet; 140 x 185, zoned R-4, 1 mile to Microsoft and light rail.

Location

State WA

County King

Area 530 - Bellevue/East Of 405

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop

View Y/N Yes

View Lake

Roof Type Composition,Flat,Torch Down

Building

Lot Description Paved, Value In Land

Sewer Available

New Construction No

Schools

Elementary Schools Audubon Elem

Middle Schools Rose Hill Middle

High Schools Lake Wash High

School District Lake Washington

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

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Northwest MLS (NWMLS)
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371 NE Gilman Blvd, Suite 160, Issaquah

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