Great Opportunity, Downtown Renton Triplex with one 3 bedroom /1.75 bath unit and two 1 bedroom /1 bath units. Long time owner has kept the rents extremely low, tons of potential to increase rents and create additional cash flow. Spacious light filled units, The 5 car garages are always in high demand and are currently rented for about 180.00 each per month. Large 8240 square foot lot gives any owner a lot of future development potential. Corner Lot and alley access, Conveniently located close to Boeing, the Landing Shopping center, and freeways, and busses.
Listing courtesy of NWMLS / John L. Scott, Inc
Last checked:
Checking…
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Last updated Sep 27, 2023
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MLS# 2139398 —
The Building
Year Built:
1911
New Construction:
false
Structure Type:
Triplex
Exterior Features:
Wood
Roof:
Composition
Units In Building Total:
3
Foundation Details:
Poured Concrete
# of Units Total:
3
Stories Total:
2
Building Area Total:
3270
Building Area Units:
Square Feet
Calculated SqFt:
3270
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.484807
Longitude:
-122.198483
Directions:
Heading south on Rainier Ave S turn left on Airport Way, right on Factory Ave N.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
1352300840
Lot Features:
Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.1892
Lot Size SqFt:
8240
Lot Size Source:
Realist
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
View:
Territorial
View:
true
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 227-9200
Office phone:
(425) 227-9200
Taxes
Tax Year:
2023
Tax Annual Amount:
3901
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Baseboard
Utilities
Sewer:
Sewer Connected
Water Sewer Garbage:
7777
Schools
Elementary School:
Highlands Elem
Middle Or Junior School:
Dimmitt Mid
High School:
Renton Snr High
High School District:
Renton
The Community
Subdivision Name:
Downtown
Senior Community:
false
Association:
false
Parking
Parking Total:
8
Parking Uncovered Spaces:
3
Open Parking:
true
Open Parking Spaces:
3
Carport:
false
Covered Spaces:
5
Listing courtesy of NWMLS / John L. Scott, Inc
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
9/26/23
Sep 26, 2023
Sold
NWMLS
$740,000
-7.5%
8/7/23
Aug 7, 2023
Pending
NWMLS
$800,000
7/20/23
Jul 20, 2023
Listed / Active
NWMLS
$800,000
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Multifamily
Sold
on 9/26/2023
$740,000
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This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by John L. Scott, Inc and should be verified by the buyer.