603 Harrington Avenue NE, Renton, WA 98056

$499,000
1,110
SqFt

Listing courtesy of Keller Williams Realty Bothell.

List Price
$499,000
Status
PENDING INSPECTION
MLS#
2045612
Days on Market
11
Style
52 - Duplex
Finished SqFt
1,110
Area Total SqFt
1110
Annual Tax Ammount
4043
Lot Size (sq ft)
7,210
Sewer
Sewer Connected

Property Description

Investors dream!! Desirable and rare duplex located in Renton Highlands. Live in 1 unit and rent the other or rent both!! Front unit larger than the back unit, each unit with 2 bed 1bath, shared laundry area. Basement w/extra space. 1 covered parking + 2 driveway parking & ample off-street parking. Large lot for gatherings, BBQ area, firepit, play area, you name it! Short distance to transit center for easy commute, Parks, Library & Boeing. Enjoy easy access to frwy, Valley Medical Center, SeaTac airport, Renton Landing/Southport, major retail & dining, within minutes to Seattle, Bellevue & Eastside business hubs. Fix and update for sweet equity and this income property will be a gem! Rented below market rate--plenty room for rent increase!

Additional Information

List Date
2023-03-16 21:39:10
Community
Renton
Net Operating Income
$16,457
Gross Adjusted Income
$28,000
Gross Scheduled Income
$28,800
Total Monthly Income
$2,400
Water/Sewer/Garbage Expenses
$3,900
Gross Rent Multiplier
17.33
Total Expenses
$11,543
Cap Rate
0.03
Total Number of Units
2
Unit Name
603
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1942
Roof
Composition
Site Features
Fenced-Partially
Electric Expenses
3600
Energy Source
Electric
School District
Renton
Total Monthly Income
$2,400
Gross Scheduled Income
$28,800
Gross Adjusted Income
$28,000
Tax Year
2022
W/S/G Expenses
$3,900
Total Expenses
$11,543
Net Operating Income
$16,457
Gross Rent Multiplier
17.33
Cap Rate
0.03
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