$899,500
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16240 114th Avenue SE Renton, WA 98055
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
2,434
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated... upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a two-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It’s ready for drywall and finishing touches, allowing you to unlock even greater rental potential.
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MLS#
2327598
Property Type
Multi-Family
Status
Year Built
1952
Square Feet
2,434
sq. ft
Lot Size
0.29
Sewer
Sewer Connected
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