Bought with Anchor Agency
$730,000
$775,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1408 Index AVE NE Renton, WA 98056
1,750 SqFt
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $417
Subdivision Kennydale
MLS Listing ID 2198688
Sold Date 04/15/24
Style 52 - Duplex
Year Built 1943
Annual Tax Amount $508
Lot Size 0.350 Acres
Property Description
Opportunity is knocking! Here is your chance to own a cash-flowing duplex, live on one side and rent out the other or add this gem to your investment portfolio. Long term, on time tenants on month to month currently. Each side has 3 large bedrooms with 1 bath. Large lot with divided backyards and alley access, perfect to build new out buildings or possible garages. Quiet neighborhood on dead end street. Located close to schools, bus lines, shopping, and dining. Cap rate of 5.2%! Perfect lot for possibly subdividing to build new units, ADUS, garages and more!
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Engineered Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Deck, Fenced-Partially, Gas Available, RV Parking
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Renton
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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