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9110 Redmond-Woodinville Road NE

Redmond, WA 98052
  • $5,290,000
  • STATUS: Active
  • ON SITE: 97 days
  • MLS #: 1757206
UPDATED: 8 min ago
$5,290,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Sterling Johnston Real Estate.

Description

12 units,Downtown Redmond,One of the regions few A locations outside of downtown Seattle.Turnkey,over 1 million spent on renovations,3.9% Cap Rate,Valley views,top-floor units boast vaulted ceilings, 19 parking spaces,interior laundry,Highly coveted Eastside with *development potential up to 6 additional -2 bed units.Kitchens w/quartz countertops,stainless appliances,dining rooms.Investors profit from future appreciation of a rapidly growing area.Opportunity to sell individual units as condos.Professional tenant base,Highest paid jobs in the region. Google,Amazon-adding 600 jobs in 2021 only blocks away from the property,Facebook,Microsoft.Less than a mile from future Link Light Rail Station (2024),Professionally managed.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T18:14:56.357.

www.communityrealestategroup.com/homes/116186958
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9110 Redmond-Woodinville Road NE Redmond, WA 98052

  • Price: $5,290,000
  • Status: Active
  • Updated: 8 min ago
  • MLS #: 1757206
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1978
Built
Neighborhood:
Downtown Redmond
County:
King
Area:
Redmond/Carnation
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Lake Washington
Property Description
12 units,Downtown Redmond,One of the regions few A locations outside of downtown Seattle.Turnkey,over 1 million spent on renovations,3.9% Cap Rate,Valley views,top-floor units boast vaulted ceilings, 19 parking spaces,interior laundry,Highly coveted Eastside with *development potential up to 6 additional -2 bed units.Kitchens w/quartz countertops,stainless appliances,dining rooms.Investors profit from future appreciation of a rapidly growing area.Opportunity to sell individual units as condos.Professional tenant base,Highest paid jobs in the region. Google,Amazon-adding 600 jobs in 2021 only blocks away from the property,Facebook,Microsoft.Less than a mile from future Link Light Rail Station (2024),Professionally managed.
Exterior Features

Carport Spaces 12 Carport YN No Covered Spaces 0 Exterior Features Cement Planked Lot Features CurbsDead End StreetPavedSecludedValue In Land Open Parking Spaces 7 Open Parking YN Yes Parking Total 19 Parking Uncovered Spaces 7 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring Engineered HardwoodHardwood Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 292965 Insurance Expense 5917 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 205775 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 32844 Tax Year 2021 Total Expenses 72542 Units In Building Total 12 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 12624 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Tri-Cities and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T18:14:56.357.

 
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Keller Williams Tri-Cities
4390 W Van Giesen
West Richland WA, 99353
Listing Courtesy of Sterling Johnston Real Estate.