Prime 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 $97,260/year in gross rental income and professionally managed.
Listing Provided Courtesy of Coleton Pantley, COMPASS
General Information
NWM2332771
Residential
3
DOM
3
1860.01 SqFt
3
1820
2011
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Residential
Buyer's Agent Commission
The seller is offering 2.5% of the final sale price of this home to the brokerage or agent representing the buyer. This offer is valid only for participants of the MLS associated with this listing. Learn more.
2.5%
Listing Provided Courtesy of Coleton Pantley, COMPASS
Krishna Realty data last checked: Jun 09, 2025 20:46 | Listing last modified Feb 17, 2025 19:03,
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Residence Information
1820
3
3
0
3
Composition
2,
32 - Townhouse
2011
None
None
Features and Utilities
Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Wall to Wall Carpet
Brick, Wood, Wood Products
Public
Sewer Connected
Financial
5726
Cash Out, Conventional, FHA, VA Loan
02-14-2025
Comparable Information
3
3
Cash Out, Conventional, FHA, VA Loan
$1,375,000
$1,375,000
Feb 17, 2025 19:03
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Prime 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 $97,260/year in gross rental income and professionally managed.
