621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
621 Houser WAY S, Renton, WA 98057
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Melissa Villa

Melissa Villa

+1(206) 499-7818
Listed by:Best Choice Realty LLC • Craig Ruden
$ 1,285,000
Est. payment | /mo

8,250 Sqft Lot

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$ 1,285,000
Est. payment | /mo
Save Virtual Tour

8,250 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2484144

Style 62 - Business Opp.

Year Built 1900

Annual Tax Amount $7,900

Lot Size 8,250 Sqft

Property Sub-Type Commercial Industrial

Property Description

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484138. Also, perfect set up for new buyer to live in one of the units.

Location

State WA

County King

Area 350 - Renton/Highlands

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://drive.google.com/file/d/1pGGhEP_Yon0fLiKUangwEqFwec8D9iVt/view?usp=drive_link

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Melissa Villa

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 499-7818

mmpnwrealty@gmail.com

15421 Main St E, Sumner, WA, 98390, USA

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621 Houser WAY S