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  • Listed by: 

    Fred Grunewald,

    Skyline Properties, Inc.

    $2,172,000

    17229 NE 40th Street, Redmond, WA 98052

    --beds
    --baths
    4,160sqft
    Quadruplex
    Built in 1951
    -- sqft lot
    $2,139,200 Zestimate®
    $522/sqft
    $3,655 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:47am

    Listed by:

    Fred Grunewald,

    Skyline Properties, Inc.

    Bought with:

    Cassandra H. Kerk, 13723

    RE/MAX Eastside Brokers, Inc.

    Source: NWMLS,MLS#: 2072269MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,160
    • Total interior livable area: 4,160 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: RV Parking
    • Carport spaces: 2
    • Uncovered spaces: 5
    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.59 Acres
    • Dimensions: 185 x 140
    • Features: Paved, Value In Land, Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
    Details
    • Parcel number: 3134100193
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition,Flat,Torch Down
    Condition
    • Good
    • Year built: 1951
    • Major remodel year: 1980

    Utilities & green energy

    • Electric: Company: public
    • Sewer: Available, Company: public
    • Water: Company: public
    • Utilities for property: Verizon

    Community & neighborhood

    Location
    • Region: Redmond
    • Subdivision: Microsoft

    Other

    Other facts
    • Listing terms: Cash Out,Conventional,Owner Will Carry
    • Cumulative days on market: 599 days
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,139,200
    2% more+ $42,784
    With Zillow Showcase(estimated)
    $2,181,984