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.
Sold
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
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#: 2072269

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