Great investment property with residential/commercial development potential that includes a nice single level home on a huge .46ac lot in a prime SW Redmond location for multi-family uses w/easy access to all amenities & Hwy 97 access blocks away. Existing home offers a unique zone that permits many commercial uses, or it can be used as a residence. The vacant development property to the North is .46 acres & It's also available for $275k, which combined would total .92 acres allowing for potentially 16 multi-family units or 23 townhomes. Both available parcels have City utilities in the street, they're both level, & they're ready for development. The home features; electric forced air heat & A/C, roof is about 10 years old, floorplan is pretty open, tiled shower/tub combo, nice detached 2 car garage w/two separate storage rooms, the mature flower gardens & trees are beautiful. Enjoy the home/property now & reap the future benefits, or take advantage of the development potential now!