$1599000
3 Bed
3 Bath
2420 SqFt
3 DOM
Built: 2011
CEO & Founder
(650)533-3259Prime Investment in Redmond’s Tech Hub! This 7-room, townhome-style unit offers a rare opportunity in Redmond’s thriving rental market. The property is steps from the Transit Center and future Downtown Redmond Light Rail. Home to Microsoft, Nintendo, and Honeywell, Redmond’s high housing costs drive strong rental demand. Recognized for its sustainable design, this fully stabilized asset is priced below replacement cost, offering positive cash flow from Day 1. With plans to add 2 units and a light upgrade program to boost rents by 24%, this is a premier value-add opportunity in a prime location! Great investment opportunity, fully tenant occupied generating $112,000/year in gross rental income and professionally managed.
Listing Provided Courtesy of Coleton Pantley, COMPASS
NWM2332784
Residential
3 DOM
3
1781.6 SqFt
3
2420
2011
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Residential
Listing Provided Courtesy of Coleton Pantley, COMPASS
Kasamestates data last checked: Jun 09, 2025 05:08 | Listing last modified Feb 17, 2025 19:03,
Source:
Download our Mobile app