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8543 Avondale Road NE, Redmond
$1,249,000
2592062 MLS ⋅ PENDING Status
Beautifully updated duplex in a convenient Redmond location! Each spacious residence offers approximately 1,650 sq ft with 3 bedrooms, 2.5 baths and an attached garage. Both units feature new flooring, fresh interior paint, new appliances and renovated bathrooms, while 8543 boasts a completely upgraded kitchen. Roof replaced in 2018. Live in one unit and rent the other, or lease both. Enjoy nearby downtown Redmond and Redmond Town Center shopping, dining and everyday conveniences, with easy access to SR 520, Microsoft and Downtown Redmond light rail. Nearby Marymoor Park and the Bear Creek Trail offer abundant recreation options. Updated interiors, flexible ownership and a desirable Eastside location make this a compelling opportunity! The Cap Rate shared in the listing was calculated based on the previous rent which hasn't been adjusted for years for the previous long term tenants. Even at the previous rents, this duplex offers an attractive cap rate. Now both units are vacant, ready for you to start new leases at the market rents. Zillow rent estimated 10+%. Zillow’s higher rent estimates suggest potential for additional rental income. Seller has pre-inspected the property with repairs done. Home is vacant and virtually staged. Buyers please verify everything to your own satisfaction.

8543 Avondale Road NE, Redmond

Listing Broker: John L. Scott, Inc.; Xia Zhao; 425-883-6464; xiazhao@johnlscott.com

17101 NE 80th Street, Redmond
$1,400,000
2253905 MLS ⋅ SOLD Status
Updated June '24 & appraised at $2.2m!, this Move-in ready Tri-plex exemplifies Urban Living w/ Ideal Prox. to downtown Redmond, light rail station (2025), high ranking schools (Washingtons' top 5%) & commutability to Google, Amazon, Facebook, Microsoft! Its New interior & exterior paint, light fixtures, carpet, luxury vinyl flooring (LVP), & well maintained landscaping...make this refreshed, prof. cleaned, tri-plex home w/ 8 parking spaces, a phenomenal Investment Opportunity (100% occupancy thru May 2024!) Lot size & zoning provide potential for multiple single-family townhomes (5-8 Per 2023 Appraisal)! Use this Versatile Listing, Situated in the Coveted Eastside, to build your dream home, multiple dream homes, or as a profitable rental!

17101 NE 80th Street, Redmond

Listing Broker: John L. Scott Snohomish; Pete Keating; ; Selling Office: Skyline Properties, Inc..

17229 NE 40th Street, Redmond
$2,172,000
2072269 MLS ⋅ SOLD Status
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.

17229 NE 40th Street, Redmond

Listing Broker: Skyline Properties, Inc.; Fred Grunewald; ; Selling Office: RE/MAX Eastside Brokers, Inc..

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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