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501 S 5th Street

Renton, WA 98057
  • $1,100,000
  • STATUS: Sold
  • ON SITE: 38 Days
  • ID#: 1856985
Sold - 11/29/2021
$1,100,000
SOLD - 11/29/2021
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,458
    SQFT
  • $318
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of John L. Scott, Inc.

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.

Listing by Rache C. Boston. Sold by Windermere Real Estate/East.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-05T17:13:52.17.

www.kwbellingham.net/homes/122793402
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501 S 5th Street Renton, WA 98057

  • Price: $899,950
  • Status: Sold
  • On Site: 38 Days
  • Updated: 66 min ago
  • ID#: 1856985
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,458
SQFT
$318
$/SQFT
1981
Built
Neighborhood:
Downtown Renton
County:
King
Area:
Renton/Benson Hill
Elementary School:
Sartori Elementary
Middle School:
Nelsen Mid
High School:
Renton Snr High
School District:
Renton
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.
Exterior Features

Carport Spaces 3 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Corner LotCurbsPavedSidewalkValue In Land Open Parking Spaces 5 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 5 Roof Flat Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 3458 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Radiator Heating YN Yes Interior Features RadiatorWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Building Name Smithers Buyer Financing Other Electric On Property YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 1 Net Operating Income 33669 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-Family Power Company Puget Sound Energy Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Renton Site Features Cable TvFenced-Partially Special Listing Conditions None Tax Annual Amount 9109 Tax Year 2021 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Renton Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-05T17:13:52.17.

 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Listing Courtesy of John L. Scott, Inc.