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    1421 N 3rd Street

    Renton, WA 98057
    • $1,105,000
    • STATUS: Sold
    • ON SITE: 83 days
    • ID#: 1720308
    Sold - 03/09/2021
    $1,105,000
    SOLD - 03/09/2021
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Information

    High School:
    School District:
    Listing Courtesy of Welakeside.

    Description

    Rare2bdrm/1.5BATOWNHOME styled 4-PLEX conveniently positioned in ever-changing & amenity rich Renton DT! Seize this superb investment opportunity with CAP rate over 5.2%, 0.68% vacancy rate & long term tenants. CURRENT RENTS UNDER MARKET w/CAP rate could be over 6% post-Covid. Each townhome boasts 960 sqft living size featuring 2 large bdrm/1 Full BA upstairs w/great room, kitchen, Half Bath & laundry on main, plus 2 paved parking spots & a fenced back patio. Unit 1 & 2 remodeled substantially in 2019 & Unit 4 completely in 2020. Updated thermal windows/roof/effective built year as 1996!Well maintained! More interior pics available. Minutes to The Landing, Boeing, school & Lake WA or 15 min to airport or Bellevue DT. Don't miss this gem!

    Listing by Sylvia Chin. Sold by Compass.

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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 TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-18T00:14:17.537.

    www.tristarteamre.com/homes/113595271
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    1421 N 3rd Street Renton, WA 98057

    • Price: $980,000
    • Status: Sold
    • Updated: 104 min ago
    • ID#: 1720308
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1977
    Built
    Neighborhood:
    North Renton
    County:
    King
    Area:
    Renton/Renton Highlands
    High School:
    Renton Snr High
    School District:
    Renton
    Property Description
    Rare2bdrm/1.5BATOWNHOME styled 4-PLEX conveniently positioned in ever-changing & amenity rich Renton DT! Seize this superb investment opportunity with CAP rate over 5.2%, 0.68% vacancy rate & long term tenants. CURRENT RENTS UNDER MARKET w/CAP rate could be over 6% post-Covid. Each townhome boasts 960 sqft living size featuring 2 large bdrm/1 Full BA upstairs w/great room, kitchen, Half Bath & laundry on main, plus 2 paved parking spots & a fenced back patio. Unit 1 & 2 remodeled substantially in 2019 & Unit 4 completely in 2020. Updated thermal windows/roof/effective built year as 1996!Well maintained! More interior pics available. Minutes to The Landing, Boeing, school & Lake WA or 15 min to airport or Bellevue DT. Don't miss this gem!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement Planked Lot Features Corner Lot Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateLaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features Laminate Tile

    Property Features

    Building Name Car Works Add To Renton Electric Expense 198 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 72000 Insurance Expense 2512 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 1-2 Net Operating Income 51134 New Construction YN No Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 9939 Tax Year 2020 Total Expenses 20376 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 5781 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 TRI STAR Team | RE/MAX NW 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 TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-18T00:14:17.537.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1720308-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1720308-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1720308-1.jpg
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    TRI STAR Team | RE/MAX NW
    300 NE 97th Street
    Seattle WA, 98115
    Listing Courtesy of Welakeside.