Bought with RE/MAX Eastside Brokers, Inc.
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17229 NE 40th ST Redmond, WA 98052
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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
Waterfront No
View Y/N Yes
View Lake
Roof Type Composition,Flat,Torch Down
Parking Type RV Parking
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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