Bought with RE/MAX Select Real Estate
$1,070,000
$1,100,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
4,137 SqFt
SOLD DATE : 02/25/2021
Key Details
Sold Price $1,070,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,137 sqft
Price per Sqft $258
Subdivision Downtown
MLS Listing ID 1652533
Sold Date 02/25/21
Style 55 - 5-9 Units
Year Built 1967
Annual Tax Amount $10,105
Lot Size 5,250 Sqft
Property Description
Beautiful 5 Unit Apartment Building conveniently located in the downtown area of Renton. Easy access to freeways and the airport. The second floor units have private interior stairway entrances. The complex features convenient 1st floor laundry and storage for tenants. Full remodel of unit 203 was completed this year. Convenient onsite parking for 5 vehicles. Current rents below market rates. Market rate rents could increase CAP rate over 5%.
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition,Flat,Torch Down
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Hazelwood Elem
Middle Schools Dimmitt Mid
High Schools Renton Snr High
School District Renton
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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