13958 SE 173rd Place, Renton, WA 98058

$1,200,000
3,738
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$1,200,000
Status
PENDING INSPECTION
MLS#
2260588
Days on Market
19
Style
54 - 4-Plex
Finished SqFt
3,738
Area Total SqFt
3738
Annual Tax Ammount
10361
Lot Size (sq ft)
6,420
Sewer
Sewer Connected

Property Description

Discover this rare 4-plex strategically located across from Safeway, restaurants, and LA Fitness in desirable Fairwood Renton. Featuring spacious 2-bedroom, 1-bath units spanning 935 sqft each, with the added convenience of garages. The units boast a mix of flat and townhouse layouts, ensuring appeal to various tenants seeking a comfortable living. Unit #1: Recently upgraded with new LVP flooring, granite countertops, new cabinets, and baseboard heaters. Unit #4: Fully remodeled with new LVP flooring, upgraded kitchen, and bathroom. Renton is recognized for its rapid development and upcoming projects. Don’t miss out on adding this exceptional property to your portfolio and secure consistent returns from day one.

Additional Information

List Date
2024-07-05 16:41:09
Community
Renton
Net Operating Income
$69,026
Gross Scheduled Income
$86,760
Total Monthly Income
$7,230
Insurance Expenses
$1,682
Water/Sewer/Garbage Expenses
$5,000
Total Expenses
$17,734
Cap Rate
5.75
Total Number of Units
4
Unit Name
13958
Potential Terms
Cash Out, Conventional
Year Built
1967
Roof
Composition
Electric Expenses
691
Energy Source
Electric
School District
Renton
Total Monthly Income
$7,230
Gross Scheduled Income
$86,760
Tax Year
2024
Insurance Expense
$1,682
W/S/G Expenses
$5,000
Total Expenses
$17,734
Net Operating Income
$69,026
Cap Rate
5.75
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