Renton, WA 98057,117 Wells AVE S
Renton, WA 98057,117 Wells AVE S
Renton, WA 98057,117 Wells AVE S
Listed by Windermere Real Estate/PSR Inc
Bought with Keller Williams Downtown Sea
$500,000
Est. payment /mo
$599,950
16.7%
Est.Price: ?

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6,005 Sqft Lot
SOLD DATE : 12/21/2023

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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Northwest MLS (NWMLS)

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