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17229 NE 40th StreetRedmond, WA 98052Price: $2,400,000

  • Price: $2,400,000
  • Est. Mortgage of $/month
  • 195 Days on Market
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Federal 30-year interest rate: 7.03% last updated on Dec 7, 2023
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  • $2,400,000List Price
  • 0.59Acreage

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Listed by Fred Grunewald of Skyline Properties,Inc.
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.

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Based on information submitted to NWMLS  as of December 8, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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