Bought with Windermere Real Estate/East
$1,100,000
$899,950
22.2%For more information regarding the value of a property, please contact us for a free consultation.
501 S 5th ST Renton, WA 98057
3,458 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,458 sqft
Price per Sqft $318
Subdivision Downtown Renton
MLS Listing ID 1856985
Sold Date 11/29/21
Style 54 - 4-Plex
Year Built 1981
Annual Tax Amount $9,109
Lot Size 6,000 Sqft
Property Description
Ideally-located classic 4-plex in Downtown Renton. Here's your rare opportunity to own this 4plex that has a secured entry. Comprised of one 2-bedroom/1-bath units and three 1-bedroom/1bath units, coin-operated washer/dryer. A prime location and spacious units, this solid 4-plex generates nice rents, with the ability for more rental income and is offered at an attractive value of about 5% Cap Rate. New exterior paint, windows/sliders in 2018/2019, new roof 2014, new boiler 2018, new exterior mailboxes 2019, unit 201 remodel in 2020. You'll appreciate this well-maintained property. Include 8 off-street parking spots, 3 covered. Located mins from restaurants, shops & services. The Landing, Coulon Park, Sea-Tac Airport, Lake Washington.
Location
State WA
County King
Area 340 - Renton/Benson Hill
Interior
Interior Features Radiator, Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Cable TV, Fenced-Partially
Waterfront No
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Sartori Elementary
Middle Schools Nelsen 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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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157