547 Index Place NE, Renton, WA 98056
- $835,000
- 2,620
- SqFt
Listing courtesy of Pilot Ventures LLC.
- List Price
- $835,000
- Status
- ACTIVE
- MLS#
- 1753435
- Days on Market
- 16
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,620
- Lot Size (sq ft)
- 8,611
Property Description
The Index Place Fourplex is well-positioned in an amenity rich pocket of Renton with quick access to I-405, allowing ease of travel to Bellevue and Seattle while providing a residential feel with affordable rents in the area. It is a single story building with 6 surface parking stalls. Unit mix consists of one studio, one 1-bed, one 2-bed, and one 3-bed. The property sits on 0.2 acres with 2,620 NRSF. Situated near The Landing and a convenient commute to a growing number of employers such as Boeing, Paccar, and Kaiser Permanente, this property offers connectivity to all that the growing Renton submarket has to offer.
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Additional Information
- List Date
- 2021-04-06 00:00:00
- Community
- Highlands
- Property Type
- MULT
- Units
- 4
- Stories
- 1
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1960
- Total Parking
- 6
- Uncovered Parking
- 6
- Exterior
- Brick, Wood
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially
- Lot Details
- Paved Street, Sidewalk
- School District
- Renton
- Elementary School
- Highlands Elem
- Middle School
- Mcknight Mid
- High School
- Renton Snr High
- Total Monthly Income
- $5,350
- Gross Scheduled Income
- $64,200
- Vacancy Rate
- 3
- Gross Adjusted Income
- $62,274
- Annual Taxes
- $7,312
- Tax Year
- 2020
- Insurance Expense
- $1,400
- W/S/G Expenses
- $1,700
- Total Expenses
- $17,112
- Net Operating Income
- $45,162
- Gross Rent Multiplier
- 13
- Cap Rate
- 5
Room Dimensions
- Unit 1 Beds
- 3
- Unit 1 Baths
- 1.00
- Unit 1 Size
- 1000
- Unit 1 Rent
- $1,850
- Unit 2 Beds
- 1
- Unit 2 Baths
- 1.00
- Unit 2 Size
- 580
- Unit 2 Rent
- $1,000
- Unit 3 Baths
- 1.00
- Unit 3 Size
- 290
- Unit 3 Rent
- $900
- Unit 4 Beds
- 2
- Unit 4 Baths
- 1.00
- Unit 4 Size
- 750
- Unit 4 Rent
- $1,600
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