616 Shattuck Avenue S, Renton, WA 98057

$995,000
2,452
SqFt

Listing courtesy of HERE.

List Price
$995,000
Status
ACTIVE
MLS#
2237529
Days on Market
5
Style
53 - Tri-plex
Finished SqFt
2,452
Area Total SqFt
2452
Annual Tax Ammount
7548
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

This is good investment in the center of Renton. Excellent for Airbnb rental or short term rental. Live in one unit and take care the rest of short term lease units. high cap rate. Closed to Walmart, landing, Boeing and Airport. Easy access to I-405. No viewing before mutual accepted.

Additional Information

List Date
2024-05-15 17:13:12
Community
Downtown Renton
Net Operating Income
$54,702
Gross Adjusted Income
$71,250
Gross Scheduled Income
$75,000
Total Monthly Income
$6,250
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$4,800
Gross Rent Multiplier
13.3
Total Expenses
$16,548
Cap Rate
5.5
Vacancy Rate
5
Total Number of Units
4
Unit Name
616
Potential Terms
Cash Out
Year Built
1936
Roof
Composition
Other Expenses
3000
Energy Source
Electric
School District
Renton
Total Monthly Income
$6,250
Gross Scheduled Income
$75,000
Vacancy Rate
5
Gross Adjusted Income
$71,250
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$4,800
Total Expenses
$16,548
Net Operating Income
$54,702
Gross Rent Multiplier
13.3
Cap Rate
5.5
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