519 (& 517) Burnett Avenue S
Renton, WA 98057
4360 sqft | 0.22 acres | #1524033
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
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2019-12-06 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Courtesy
Listing Agent: Douglas Zeiler (#NWM101624)
Listing Office: Windermere R.E. Wall St. Inc. (#NWM7083)
Listing Courtesy (Buyer)
Buyer's Agent: Colin Nguyen (#NWM75164)
Buyer's Office: John L. Scott, Inc (#NWM3645)