2621 NW Cedar Avenue #UNIT 1

Solid investment opportunity with original owner in NW Redmond. Easy to own and keep occupied from out of area. End units are two primary bedrooms upstairs with private bathrooms and laundry for ease of organization. All units have newer LVP flooring and carpets. The two interior units have three bedrooms upstairs with laundry and two full baths as well. All interior paint recently done in all units, along with full exterior paint. Attached single car garages with additional parking for each unit. Photos are of unit #1 and is the 2023 condition. HOA monthly covers costs of water/sewer/trash/landscaping/ admin/management of grounds and the $150 covers assessment for 2023, larger projects including asphalt. Walk to Elementary School and Cascade Swim Center. Well maintained and professionally managed. Solid tenants in place. Unit 1 rent increases to $1755 July 2024. Actual 2023 CAP rate including taxes and insurance 4.1. Proforma for 2024 4.7