621 Houser Way S

$1,285,000

621 Houser Way S

8,250 Sq.Ft.

Description

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! 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 #2484138. Also, perfect set up for new buyer to live in one of the units.

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Location

621 Houser Way S, Renton, WA 98057

Status

For Sale

Property Amenities

Interior

Flooring Vinyl Plank

Area & Lot

Lot Area 8,250 Sq.Ft.

MLS® ID 2484144

Year Built 1900

Type Commercial

Status For Sale

Exterior

Air conditioning Wall Unit(s)

Heat type Wall Furnace

Water Source Public

Sewer Sewer Connected

Other Exterior Features Cement/Concrete, Wood

Roof Composition

Finance

Sales Price $1,285,000

Real Estate Tax $7,900 yearly

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$1,285,000

621 Houser Way S

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Built for Better Outcomes

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$1,285,000

621 Houser Way S

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Built for Better Outcomes

Get in Touch

Contact Details