Bought with RE/MAX Northwest Realtors
$520,000
$524,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
2,030 SqFt
SOLD DATE : 10/18/2019
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $256
Subdivision Downtown Renton
MLS Listing ID 1513676
Sold Date 10/18/19
Style 52 - Duplex
Year Built 1948
Annual Tax Amount $4,215
Lot Size 6,534 Sqft
Property Description
Stabilized investment property offering 6.1% cap rate with upside! This duplex is occupied with two long-term tenants. Both units offer 3 bedrooms, 1 bath, & in-unit washer/dryers. Unit 60 was fully renovated in 2017 with new windows, kitchen, bath, flooring and appliances. Similar renovation opportunity can be realized in Unit 58. Building also had new roof installed in 2017 and new plumbing in 2019. Interior photos of renovated unit. Total monthly rent of $1,800 (Unit 60) and $1,450 (Unit 58).
Location
State WA
County King
Area 360 - Skyway Area
Interior
Interior Features Forced Air, Laminate Hardwood
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Natural Gas Connected
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Available
Water Public
New Construction No
Schools
High Schools Renton Snr High
School District Renton
Others
Acceptable Financing Conventional
Listing Terms Conventional
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