$1,190,000
Sold

519 (& 517) Burnett Avenue S

Renton, WA 98057
4360 sqft | 0.22 acres | #1524033
Listing OfficeWindermere R.E. Wall St. Inc.
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Great opportunity for multi-family investment with less down than traditional 6-unit. Two separate tax parcels. Both buildings same characteristics/features. 6.5% Cap Rate! Rents/GSI listed in financial info based on current average market rates $8,800/month (current monthly income $4800). All units on month-to-month leases. List price for both buildings combined, sold together only. Buildings recently painted, parking lot re-paved, sellers adding washer/dryer in laundry room of each building.

  • Property Details
      • Days on Market (Cumulative)23
Lake & Company Real Estate