621 Houser Way, Renton, WA 98057

Listing Firm: Best Choice Realty LLC (206-886-3986). Listings with the three tree icon are courtesy of NWMLS.

621 Houser Way

Renton, WA 98057

LISTING #2484138

REQUEST DETAILS SCHEDULE A SHOWING VIEW THE VIRTUAL TOUR

$1,250,000

STATUS Active

YEAR BUILT 1900

PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

PROPERTY DETAILS

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Location Information

County King

Community Renton / Newcastle

Latitude 47.477619

Longitude -122.208539

Directions From 405, exit to Talbot exit which turns in Smithers; then turn right onto Houser Way S. Property is on corner of Houser and Burnett.

Subdivision Name Downtown

Interior Features

Has Fireplace No

Number of Fireplaces 0

Heating Wall Furnace

Cooling Window Unit(s)

Floors Vinyl Plank

Exterior Features

Style 4-Plex

Is New Construction Yes

Exterior Cement Planked, Wood

Foundation Pillar/Post/Pier, Poured Concrete

Roof Composition

Water Source Public

Septic or Sewer Sewer Connected

Covered Spaces 1

Water City of Renton

Electric PSE

Power Production Type Electric, Natural Gas

Security Features Partially Fenced

Parking Spaces 6

Site Features Fenced-Partially, Gas Available, High Speed Internet, Patio

Lot Features Curbs, Paved, Sidewalk

Lot Size in Acres 0.1894

Lot Size in Sq. Ft. 8,250

Building Total Area 2930 Square Feet

Has Waterfront No

Has View No

School

High School District Renton

High School Buyer To Verify

Elementary School Buyer To Verify

Jr. High School Buyer To Verify

Additional Information

Possession Closing

Property Type Residential Income

Property Subtype Multi Family

Structure Type Quadruplex

Year Built 1900

Status Active

Tax Year 2024

Tax Amount $7,900

Lot Acres Source Realist

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