214 Park Ave N

    Renton, WA 98057
    • $299,975
    • STATUS: Pending
    • ON SITE: 76 days
    • ID#: 1510801
    Under Contract
    UPDATED: 40 min ago
    $299,975
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,377
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Re/Max Metro Realty, Inc..

    Description

    Invest in a positive cash flow duplex in Urban Renton. Stable tenants paying good rents and responsible for utilities. Eventually you can participate in the urban renewal of High tech and High density development taking place in the immediate vicinity. Meanwhile your investment cash flows and your management and maintenance is minimized. Here's an affordable opportunity to acquire a versatile property at well below assessed value. Think smart and understand immediate and long term profits.

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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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-11T15:15:44.493.

    www.alchemyre.com/homes/98331840

    214 Park Ave N Renton, WA 98057

    • Price: $299,975
    • Status: Pending
    • Updated: 40 min ago
    • ID#: 1510801
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1,377
    SQFT
    $218
    $/SQFT
    1957
    Built
    Neighborhood:
    Renton
    County:
    King
    Area:
    Renton/Renton Highlands
    School District:
    Renton
    Property Description
    Invest in a positive cash flow duplex in Urban Renton. Stable tenants paying good rents and responsible for utilities. Eventually you can participate in the urban renewal of High tech and High density development taking place in the immediate vicinity. Meanwhile your investment cash flows and your management and maintenance is minimized. Here's an affordable opportunity to acquire a versatile property at well below assessed value. Think smart and understand immediate and long term profits.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Cement/Concrete Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Roof Flat Stories In Building 1 Style 52 - Duplex Total Parking Spaces 2 Uncovered Spaces 2

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 900 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 477 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 6.75 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyOfficeResidentialSee Remarks Gross Adjusted Income 26650 Gross Rent Multiplier 9 Gross Scheduled Income 27000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 755 Leased Items None Lot Number 4 Net Operating Income 20253 New Construction YN No Other Expenses 600 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Renton Site Features Cable TVGas AvailableHigh Speed Internet Tax Amount 4022 Tax Year 2018 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 5397 Total Expenses TEX 5397 Total Monthly Income 2250 Unit1 Monthly Rent 1250 Unit2 Monthly Rent 1000 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Renton Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Alchemy Real Estate 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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-11T15:15:44.493.

     
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