519 (& 517) Burnett Ave S Renton, WA 98057

Sold (23 Days)

$1,190,000

BED

BATH

4,360

SQFT

See Similar Listings

Favorite
Hide
Share
- Share
- Link
- 4360sqft,8bd,%sbth,MLS#1524033

See Similar Listings

Description

Great opportunity for multi-family investment with less down than traditional 6-unit. Two separate tax parcels. Both buildings same characteristics/features. 6.5% Cap Rate! Rents/GSI listed in financial info based on current average market rates $8,800/month (current monthly income $4800). All units on month-to-month leases. List price for both buildings combined, sold together only. Buildings recently painted, parking lot re-paved, sellers adding washer/dryer in laundry room of each building.

MLS #:
1524033

Taxes
$9,600(2019)

Lot Size
9,600 SQFT

Type
Multifamily

Year Built
1978

Style
Tri-Plex

Views
Territorial

School District
Renton

County
King County

Community
Downtown

Listed By

Douglas Zeiler, Windermere R.E. Wall St. Inc.

Bought with
Quang Nguyen, John L. Scott, Inc

Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 25 2024 at 8:28 AM GMT+0000

Bathroom Details

Subdivision

Smithers 1st Addition

Lot Information

Alley
Curbs
Paved Street
Sidewalk

Property Features

Cable Tv
High Speed Internet
Foundation: Poured Concrete
Foundation: Slab

Heating and Cooling

Baseboard

Flooring

Vinyl
Wall to Wall Carpet

Exterior Features

Wood
Roof: Composition

Utility Information

Utilities: Public
Sewer: Sewer Available, Sewer Connected
Energy: Electric

School Information

Elementary School: Bryn Mawr Elem
Middle School: Dimmitt Mid
High School: Renton Snr High

Additional Listing Info

Buyer Brokerage Commission: 3

Disclaimer: Based on information submitted to the MLS GRID as of 2024 4/25/24 01:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.