Courtesy: Best Choice Realty LLC
206-886-3986
Craig Ruden
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484138. Also, perfect set up for new buyer to live in one of the units.
Courtesy: Kidder Mathews
360-705-2800
Kevin Verger
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Renton is located in Washington. Renton, Washington has a population of 105,313. Renton is less family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Renton, Washington is $84,374. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Renton is 36.2 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 43.6 inches per year, with 5.6 inches of snow per year.
