9110 Redmond-Woodinville Road Northeast, Unit 112

Redmond, WA 98052

$5,190,000
Last Sold Price
16
Beds
12
Baths
8,840 Sq. Ft.
$587 / Sq. Ft.
8,840
Sq. Ft.
$587
per Sq. Ft.

Description

12 units,Downtown Redmond,Turnkey,over 1 million spent on renovations,3.8%Cap Rate,Valley views,19 parking spaces,interior laundry,Highly coveted Eastside with development potential up to 6-2 bed units. Kitchens w/quartz countertops,stainless appliances,dining rooms. Investors profit from future appreciation of a rapidly growing area. Opportunity to sell individual units as condos. Professional tenant base,Highest paid jobs in the region. Google,Amazon,Facebook,Microsoft. Light rail coming in 2024....12 units,Downtown Redmond,Turnkey,over 1 million spent on renovations,3.8%Cap Rate,Valley views,19 parking spaces,interior laundry,Highly coveted Eastside with development potential up to 6-2 bed units. Kitchens w/quartz countertops,stainless appliances,dining rooms. Investors profit from future appreciation of a rapidly growing area. Opportunity to sell individual units as condos. Professional tenant base,Highest paid jobs in the region. Google,Amazon,Facebook,Microsoft. Light rail coming in 2024. Property Management in place.
  1. Listed by Donna Marshall • Sterling Johnston Real Estate
  2. Listed by Dan Swanson • Kidder Mathews

Property Details for 9110 Redmond-Woodinville Road Northeast, Unit 112

Community Name
Downtown Redmond
School District
Lake Washington
View
Territorial
Number of Assigned Spaces
19
Total Covered Parking
0
Entry Date
11-29-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Sterling Johnston Real Estate; Kidder Mathews

Sold By COMPASS; Windermere R.E. Northeast, Inc

Add your commute
LISTING UPDATED: 06/01/2022 11:53 AM

Property Details for 9110 Redmond-Woodinville Road Northeast, Unit 112

StatusSold
MLS #1859584
Days on Market115
Cumulative Days on Market772
Taxes$32,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.47 AC / 20,473 SF
CountyKing County

Location

Listing Courtesy of Sterling Johnston Real Estate; Kidder Mathews

Sold By COMPASS; Windermere R.E. Northeast, Inc

Add your commute

Building Information for 9110 Redmond-Woodinville Road Northeast, Unit 112

Stories3Residences12Year Built1978Building Size-Lot Size0.47 AC / 20,473 SF

Payment Calculator

$31,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,324

Property Taxes

$2,737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9110 Redmond-Woodinville Road Northeast, Unit 112

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Area: 550 - Redmond/Carnation
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: 405 s exit 18 NE 85 THSt,Continue or Redmond way,Left on 148Ave NE, Onto 90th street,L on Red-Woodinville rd,bldg on R
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 12.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Engineered Hardwood, Hardwood
  • Features: Hardwood
  • Amenities: Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 12693
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2019
  • Photos Count: 16
Lot Information
  • Lot Details: Curbs, Dead End Street, Paved, Secluded, Value In Land
  • Lot Size Source: realist
  • Parcel Number Free Text: 0225059114
  • Building Condition: Very Good
  • Calculated Square Footage: 8840
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8840.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 3
  • Unit Number: 1-12
  • Vacancy Rate: 4
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 84441
  • Gross Adjusted Income: 283321
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $295,126
  • Insurance Expense: $5,917
  • Net Operating Income: $198,880
  • Other Expenses: $32,987
  • Total Monthly Income: 24510
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 360
  • Rent Unit 1: $1,380.00
  • Bedrooms Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 360
  • Rent Unit 2: $1,380.00
  • Bedrooms Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 103
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 360
  • Rent Unit 3: $1,380.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 104
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 360
  • Rent Unit 4: $1,380.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 201
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 925
  • Rent Unit 5: $2,400.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 202
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 925
  • Rent Unit 6: $2,345.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 203
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 925
  • Rent Unit 7: $2,300.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 204
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 925
  • Rent Unit 8: $2,145.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 301
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 925
  • Rent Unit 9: $2,450.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 302
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 925
  • Rent Unit 10: $2,450.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 303
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 925
  • Rent Unit 11: $2,450.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 304
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 925
  • Rent Unit 12: $2,450.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8840.0
  • Leasable Area Units: Square Feet

Property History for 9110 Redmond-Woodinville Road Northeast, Unit 112

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 9110 Redmond-Woodinville Road Northeast, Unit 112

This home is within Lake Washington School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Redmond Elementary School
PublicK to 5

Redmond Middle School
Public6 to 8

Redmond High School
Public9 to 12

Contractual Schools
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sterling Johnston Real Estate; Kidder Mathews

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.