621 Houser Way S, Renton, Washington, United States, 98057
1,250,000
for Sale
8,250
About the 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 Type:
- MULTI FAMILY
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.1894
- Square Feet:
- 2930
- 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.
- Is Bed:
- Yes
- Is Business:
- Yes
- Is Coffee:
- Yes
- Is Fourplex:
- Yes
- Is Investment:
- Yes
- Is Land:
- Yes
- Is Other:
- Yes
- Is Shopping Center:
- Yes
- Is Storage:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 7,900
- Listing ID:
- 2484138
Rooms
Dimensions
Brokered by:
Best Choice Realty
Presented By: