Renton, WA 98057,501 S 5th ST
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Renton, WA 98057,501 S 5th ST
Renton, WA 98057,501 S 5th ST
Renton, WA 98057,501 S 5th ST
Renton, WA 98057,501 S 5th ST
Listed by John L. Scott, Inc
Bought with Windermere Real Estate/East

$1,100,000

Est. payment /mo

$899,950

22.2%
Est.Price: ?

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501 S 5th ST Renton, WA 98057

3,458 SqFt

SOLD DATE : 11/29/2021

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,458 sqft

Price per Sqft $318

Subdivision Downtown Renton

MLS Listing ID 1856985

Sold Date 11/29/21

Style 54 - 4-Plex

Year Built 1981

Annual Tax Amount $9,109

Lot Size 6,000 Sqft

Property Description

Ideally-located classic 4-plex in Downtown Renton. Here's your rare opportunity to own this 4plex that has a secured entry. Comprised of one 2-bedroom/1-bath units and three 1-bedroom/1bath units, coin-operated washer/dryer. A prime location and spacious units, this solid 4-plex generates nice rents, with the ability for more rental income and is offered at an attractive value of about 5% Cap Rate. New exterior paint, windows/sliders in 2018/2019, new roof 2014, new boiler 2018, new exterior mailboxes 2019, unit 201 remodel in 2020. You'll appreciate this well-maintained property. Include 8 off-street parking spots, 3 covered. Located mins from restaurants, shops & services. The Landing, Coulon Park, Sea-Tac Airport, Lake Washington.

Location

State WA

County King

Area 340 - Renton/Benson Hill

Interior

Interior Features Radiator, Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Utilities Available Cable Connected, Sewer Connected, Electric, Natural Gas Connected

Amenities Available Cable TV, Fenced-Partially

View Y/N No

Roof Type Flat

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Sartori Elementary

Middle Schools Nelsen Mid

High Schools Renton Snr High

School District Renton

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Jon Allen

Advisor | License ID: 133588

+1(206) 327-4385

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