Bought with Keller Williams Downtown Sea
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Key Details
Sold Price $500,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 2186845
Sold Date 12/21/23
Style 42 - Multi-Family
Annual Tax Amount $2,845
Lot Size 6,005 Sqft
Property Description
Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ individual garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build and rent these modern designed units for cash flow. Estimated gross rents $215,000 + per year. Flat building site that is currently a gravel lot. Many options with this property! Rent out existing lot, build units and cash flow or assemble additional parcels as zoning has recently been up zoned to allow for higher density and a maximum height of 95’! Renton just completed a revitalization of the downtown core w/ new streets, sidewalks, etc. Great walk score!
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Available
View Y/N No
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Available, On Property
Water In Street
Schools
School District Renton
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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