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    527 Williams Avenue N

    Renton, WA 98055
    • $1,070,000
    • STATUS: Sold
    • ON SITE: 191 days
    • ID#: 1652533
    Sold - 02/25/2021
    $1,070,000
    SOLD - 02/25/2021
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

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

    Description

    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%.

    Listing by Brigitte Conway. Sold by Re/Max Select Real Estate.

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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 Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-03-08T00:14:16.61.

    www.vipteamwa.com/homes/109471373
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    527 Williams Avenue N Renton, WA 98055

    • Price: $1,100,000
    • Status: Sold
    • ID#: 1652533
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1967
    Built
    Neighborhood:
    Downtown
    County:
    King
    Area:
    Renton/Renton Highlands
    Elementary School:
    Hazelwood Elem
    Middle School:
    Dimmitt Mid
    High School:
    Renton Snr High
    School District:
    Renton
    Property Description
    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%.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickWood Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof CompositionFlatTorch Down Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Association Fee 0 Association Fee Frequency Annually Building Name Renton Farm Plat No. 2 Electric Expense 600 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 68400 Insurance Expense 3021 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 7 Net Operating Income 45397 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 10105 Tax Year 2020 Total Expenses 20951 Units In Building Total 5 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 6025 Water Source Public Zoning Class Multi-Family

    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 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 Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-03-08T00:14:16.61.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1652533-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1652533-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1652533-1.jpg
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    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of John L. Scott, Inc..