401 Taylor Place NW Unit 1-16, Renton, WA 98057

$3,350,000
10,943
SqFt

Listing courtesy of Keller Williams Seattle Metro.

List Price
$3,350,000
Status
ACTIVE
MLS#
1438210
Days on Market
7
Style
56 - 10+ Units
Building Condition
['Very Good']
Finished SqFt
10,943
Lot Size (sq ft)
18,089

Property Description

16-units: solid turn-key investment that has been meticulously cared for. Units offer spacious floor plans w/ large balconies; most updated. Fully occupied w/ quality tenants; upside room in rents. Building features onsite laundry facility, storage, & office. (8)covered parking spaces could be converted to garages or... more units? Sits on (2)lots totaling 18,089 SF; great street appeal; nicely landscaped w/ private courtyard; on a quiet dead-end street. Close to downtown Renton & all amenities.

Additional Information

List Date
2019-04-11 00:00:00
Community
Renton
Property Type
MULT
Units
16
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1969
Total Parking
22
Uncovered Parking
14
View
City, Mountain, Territorial
Exterior
Stucco, Wood
Roof
Flat, Metal
Site Features
Cable TV, Deck, High Speed Internet
Lot Details
Corner Lot, Cul-de-sac, Curbs, Dead End Street, Paved Street, Sidewalk
School District
Renton
Elementary School
Bryn Mawr Elem
Middle School
Dimmitt Mid
High School
Renton Snr High
Total Monthly Income
$20,732
Gross Scheduled Income
$247,595
Vacancy Rate
3
Gross Adjusted Income
$240,251
Annual Taxes
$21,294
Tax Year
2019
Insurance Expense
$1,391
W/S/G Expenses
$13,596
Total Expenses
$45,350
Net Operating Income
$194,901
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
645
Unit 1 Rent
$1,250
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
645
Unit 2 Rent
$1,250
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
850
Unit 3 Rent
$1,450
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
645
Unit 4 Rent
$1,250
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
645
Unit 5 Rent
$1,250
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
645
Unit 6 Rent
$1,250

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