Bought with COMPASS
$1,105,000
$980,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
1421 N 3rd ST Renton, WA 98057
3,840 SqFt
Key Details
Sold Price $1,105,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $287
Subdivision North Renton
MLS Listing ID 1720308
Sold Date 03/09/21
Style 54 - 4-Plex
Year Built 1977
Annual Tax Amount $9,939
Lot Size 8,858 Sqft
Property Description
Rare 2bdrm/1.5BA TOWNHOME styled 4-PLEX conveniently positioned in ever-changing & amenity rich Renton DT! Seize this superb investment opportunity with CAP rate over 5.2%, 0.68% vacancy rate & long term tenants. CURRENT RENTS UNDER MARKET w/CAP rate could be over 6% post-Covid. Each townhome boasts 960 sqft living size featuring 2 large bdrm/1 Full BA upstairs w/great room, kitchen, Half Bath & laundry on main, plus 2 paved parking spots & a fenced back patio. Unit 1 & 2 remodeled substantially in 2019 & Unit 4 completely in 2020. Updated thermal windows/roof/effective built year as 1996! Well maintained! More interior pics available. Minutes to The Landing, Boeing, school & Lake WA or 15 min to airport or Bellevue DT. Don't miss this gem!
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Interior Features Wall to Wall Carpet, Laminate Tile, Laminate Hardwood
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Cement Planked
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Fenced-Partially, Patio
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
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