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Listing Provided Courtesy Of:
Sterling Johnston Real Estate and NWMLS
Address
9110 Redmond-Woodinville Road NE # 1-12 Redmond, WA
Price
$ 5,290,000
Property Attributes
  • ID#1859584
  • TypeMulti-Family
  • CountyKING
  • CityRedmond
  • AreaRedmond-Carnatio
  • NeighborhoodDowntown Redmond
  • Zip98052
  • Style10+ Units
  • Year Built1978
  • Taxes$ 32844
  • Price$ 5,290,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8840
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
Sterling Johnston Real Estate and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

12 units,Downtown Redmond,Turnkey,over 1 million spent on renovations,3.8%Cap Rate,Valley views,19 parking spaces,interior laundry,Highly coveted Eastside with development potential up to 6-2 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,Facebook,Microsoft.Light rail coming in 2024.Property Management in place.

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
11/29/2021 Listed $5,290,000

General Features

Amenities Storage, Thermal Windows
Building Area Units Square Feet
Carport Spaces 12
Carport Y/N No
City Redmond
County King
Directions 405 s exit 18 NE 85 THSt, Continue or Redmond way, Left on 148Ave NE, Onto 90th street, L on Red-Woodinville rd, bldg on R
Elementary School Buyer To Verify
Energy Efficient Thermal Windows
Exterior Features Cement Planked
Flooring Engineered Hardwood, Hardwood
High School Buyer To Verify
High School District Lake Washington
Insurance Expense 5917
Interior Features Hardwood
Leasable Area 8840
Lot Size Square Feet 20473
MLS Area 550 - Redmond/Carnatio
Middle/Junior High School Buyer To Verify
Net Operating Income 198880
New Construction No
Open Parking Spaces 7
Possession Closing, Tenant's Rights
Possible Use Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Very Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Redmond-Woodinville
Structure Type Multi Family
Subdivision Name Downtown Redmond
Tax Annual Amount 32844
Tax Year 2021
Terms Cash Out, Conventional
Total Units 12
Unit Number 1-12
Units Below Grade false
Units In Building Total 12
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
View Territorial
Virtual Tour https://www.tourfactory.com/idxr2776296
Water Sewer Garbage 12693
Year Built 1978
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Road
Total Stories 3

Exterior Features

Building Area Total 8840
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Curbs, Dead End Street, Paved, Secluded, Value In Land
Lot Size Acres 0.47
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 7
Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Total Parking 19
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98052

Price
AVG $5.29M
$5.29M
Taxes
AVG $32,844
$32,844
Visits
AVG 142
141
Year Built
AVG 1978
1978
Walkscore
AVG 48
48
Data Provided by Walkscore ® not using MLS data

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