621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
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Listed by:Best Choice Realty LLC • Craig Ruden
$ 1,220,000
Est. payment | /mo

6 Beds

4 Baths

2,930 SqFt


$ 1,220,000
Est. payment | /mo

6 Beds

4 Baths

2,930 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $416

Subdivision Downtown

MLS Listing ID 2484138

Style 54 - 4-Plex

Bedrooms 6

Year Built 1900

Annual Tax Amount $7,900

Lot Size 8,250 Sqft

Lot Dimensions 8250

Property Sub-Type Multi Family

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.

Location

State WA

County King

Area 350 - Renton/Highlands

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood

Garage Spaces 1.0

Amenities Available Fenced-Partially, Gas Available, High Speed Internet, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Renton

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://drive.google.com/file/d/1pGGhEP_Yon0fLiKUangwEqFwec8D9iVt/view?usp=drive_link

Northwest MLS (NWMLS)
Jennifer Berg

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 307-9418

jennifer@caringrealagentgroup.com

1400 112th Ave SE, Bellevue, WA 98004-6901, USA

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621 Houser WAY S