NOT LISTED FOR SALE
-- Bed
-- Bath
4,137 Sq Ft
5,250 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $1,070,000 $259 Per Sq Ft

130 Days on Market

Highlights

  • Wood Siding
  • Hazelwood Elementary School Rated 9+
  • Wall to Wall Carpet

About This Home

As of February 2021

Beautiful 5 Unit Apartment Building conveniently located in the downtown area of Renton. Easy access to freeways and the airport. The second floor units have private interior stairway entrances. The complex features convenient 1st floor laundry and storage for tenants. Full remodel of unit 203 was completed this year. Convenient onsite parking for 5 vehicles. Current rents below market rates. Market rate rents could increase CAP rate over 5%.

Last Agent to Sell the Property

Brigitte Conway

John L. Scott, Inc. License #129967 Listed on: 08/28/2020

John L. Scott, Inc.

Last Buyer's Agent

Robert Croner

eXp Realty License #71791

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1652533

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1967

Lot Details

  • 5,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 4,137 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Hazelwood Elementary School
  • Dimmitt Mid Middle School
  • Renton Snr High School

Community Details

  • Renton Farm Plat No. 2 Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 14
  • Assessor Parcel Number 7224500285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,105

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Renton Farm Plat No. 2
  • New Construction: No
  • CalculatedSquareFootage: 4137
  • Special Features: None
  • Cumulative Days on Market: 343

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 6025

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Dimmitt Mid

Lot Info

  • Parcel Number: 7224500285
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Title Co.
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5700

Multi Family

  • Gross Scheduled Income: 68400
  • Net Operating Income: 45397
  • Number Of Units Total: 5
  • Electric Expense: 600
  • Insurance Expense: 3021
  • Leasable Area: 4137
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10105

MLS Schools

  • Elementary School: Hazelwood Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $1,070,000 -2.7% $259 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $1,100,000 0.0% $266 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/13/2020 12/13/20 Price Changed $1,100,000 0.0% $266 / Sq Ft
12/13/2020 12/13/20 For Sale $1,100,000 -8.3% $266 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,200,000 -- $290 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1652533

Northwest Multiple Listing Service (NWMLS)