16275 NE 85th Street Unit #H, Redmond, WA 98052
- $115,000
Listing courtesy of Avenue Properties. Selling Office: Kelly Right RE of Seattle LLC.
- Sold Price
- $115,000
- List Price
- $125,000
- Status
- SOLD
- MLS#
- 1152789
- Closing Date
- Mar 09, 2018
- Days on Market
- 186
- Annual Tax Ammount
- 857
Property Description
Suite H in Frazer Court is perfect for the small business wanting to own instead of rent at today’s prices, or investors looking for a steady cash on cash return as office rents continue to escalate in the region. This is a very limited kind offering, try finding anything like it! Office tenants share the common lobby entering off 85th; residents use a separate entry. Secured covered parking for one car included (stall #19) , plus a small storage space end of hall. See Video tour.
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Additional Information
- Community
- Downtown Redmond
- Building Condition
- Very Good
- Style
- 73 - Office
- Year Built
- 2001
- # of Assigned Spaces
- 1
- Roof
- Built-Up, Flat
- Tax Year
- 2017
- HOA Dues
- $98
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Forced Air, Wall to Wall Carpet
- Flooring
- Carpet
- Driving Directions
- From Willows Road proceed eastbound on NE 90th St to 161st, go right, then left on NE 85th St to property on right, easy on street 2-hour parking or park in lot east side of building.
- Other Expenses
- 1171
- Net Operating Income
- $7,072
- Gross Scheduled Income
- $8,100
- Cap Rate
- 5
- Total Expenses
- $1,028
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