17229 NE 40th Street , Redmond, WA 98052

WA, Redmond
$2,350,000
  • 4,160 Sqft
  • Residential Income Property Type
  • 1951 Year Built
  • Closed Status
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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2072269
  • Price: $2,350,000
  • View: Lake
  • Square Footage: 4,160 Sqft
  • Year Built: 1951
  • Lot Area: 0.59 Acre
  • Status: Closed
  • Office Name: Skyline Properties, Inc.
  • Agent Name: Fred Grunewald
  • Property Sub Type: Multi-Family
  • Roof: Composition, Torch Down, Flat
Features
  • Heating System Baseboard
  • Cooling System None
  • Parking RV Parking
  • Carport Spaces: 2
  • Exterior Features Wood
  • Sewer Available
Address Map
  • Country US
  • State WA
  • County King
  • City Redmond
  • Zipcode 98052
  • Street: 40th
  • Street Number: 17229
  • Street Suffix: Street
  • Longitude: W123° 53' 24.9''
  • Latitude: N47° 38' 45''
  • Directions: from Bell-Red road headed north, turn right on NE 40th, go 2 blocks, on right side, 2 large boulders in front yard, no sign
  • Mls Area Major: 530 - Bellevue/East of 405
  • Street Dir Prefix: NE
Neighborhood
  • Elementary School: Audubon Elem
  • High School: Lake Wash High
  • High School District: Lake Washington
  • Middle School: Rose Hill Middle
Additional Information
  • Lot Size Dimensions: 185 x 140
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2023-05-29
  • Number Of Units Total: 4
  • Lot Features: Paved, Value In Land
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 11032
Listing Information
  • List Agent Mls Id: 80398
  • List Office Mls Id: 5353
  • Listing Term: Cash Out,Conventional,Owner Financing
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:47:04Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-03-14T21:32:07Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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