1324 Jefferson AVE NE Active

Renton,WA 98056

$ 1100000

6 Beds

4 Baths

2756 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,756 sqft

Price per Sqft $399

Subdivision Highlands

MLS Listing ID 2294425

Style 54 - 4-Plex

Bedrooms 6

Year Built 1963

Annual Tax Amount $8,992

Lot Size 7,256 Sqft

Property Description

Rare opportunity to own a fully-occupied fourplex in the desirable Renton Highlands. This well-maintained property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all on year-to-year leases. rents currently below market value, there is substantial potential for increased revenue & the possibility of achieving a rental cap rate of 6%. The property features shared laundry facilities, extra storage & parking. It is conveniently located within walking distance to the parks, library, supermarkets & restaurants. Easy access to the freeway, Renton Landing, major business hubs like Seattle & Bellevue makes this location highly sought after. Don?t miss this chance to capitalize on below-market rents in a prime location!

Location

State WA

County King

Area 350 - Renton/Highlands

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Partially

Waterfront No

View Y/N No

Roof Type Torch Down

Building

Lot Description Corner Lot,Paved,Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Renton

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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