8543 Avondale Road NE

Beautifully updated duplex in a convenient Redmond location! Each spacious residence offers approximately 1,650 sq ft with 3 bedrooms, 2.5 baths and an attached garage. Both units feature new flooring, fresh interior paint, new appliances and renovated bathrooms, while 8543 boasts a completely upgraded kitchen. Roof replaced in 2018. Live in one unit and rent the other, or lease both. Enjoy nearby downtown Redmond and Redmond Town Center shopping, dining and everyday conveniences, with easy access to SR 520, Microsoft and Downtown Redmond light rail. Nearby Marymoor Park and the Bear Creek Trail offer abundant recreation options. Updated interiors, flexible ownership and a desirable Eastside location make this a compelling opportunity! The Cap Rate shared in the listing was calculated based on the previous rent which hasn't been adjusted for years for the previous long term tenants. Even at the previous rents, this duplex offers an attractive cap rate. Now both units are vacant, ready for you to start new leases at the market rents. Zillow rent estimated 10+%. Zillow’s higher rent estimates suggest potential for additional rental income. Seller has pre-inspected the property with repairs done. Home is vacant and virtually staged. Buyers please verify everything to your own satisfaction.