621 Houser Way S, Renton, WA 98057
Listing Broker: Best Choice Realty LLC; Craig Ruden; 425-830-1438; craigruden@hotmail.com
- $1,220,000
- 2,930
- SqFt
- List Price
- $1,220,000
- Status
- ACTIVE
- Days on Market
- 152
- Price Change
- ▼ $30,000 1790072000
- MLS#
- 2484138
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1900
- Living Area
- 2,930
- Lot Size
- 8,250
- Acres
- 0.19
- Subdivision
- Downtown
- Neighborhood
- Downtown
- MLS Area Major
- Renton/Highlands
Property Description
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.8 with growing revenue. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property has a Walk Score of 97 due to close proximity to restaurants and shopping. The house has recently had the following renovations: New roof & gutters, New plumbing & electrical, New On-demand tankless hot water system, New attic and crawl space insulation, and New interiors including kitchen, bathrooms, floors, and appliances. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units. Seller would consider offering the buyer an interest rate buy down.
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Additional Information
- Amenities
- Storage
- Exterior Features
- Cement Planked, Wood
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl Plank
- Heating
- Wall Furnace
- Air Conditioning
- Window Unit(s)
- Roof
- Composition
- Garage Spaces
- 1
- School District
- Renton
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
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