401 Taylor Place NW , 1-16

    Renton, WA 98057
    • $3,290,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: 1277238
    UPDATED: 21 min ago
    $3,290,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,943
      SQFT
    • $301
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Sterling Johnston Real Estate.

    Description

    16 units,4.9% Market Cap Rate,Meticulously maintained, located near downtown Renton. Turn-key W/great street appeal. Many units have been updated. Spacious floor plans,separate dining areas, large balconies, Coin operated laundry,Onsite office, covered parking. Increased population growth&strong demand in Renton, coupled with few supply additions= low vacancy rate, above-average rent growth. Increase rents to market, charge for utilities & reap the rewards!

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-20T17:16:04.793.

    www.kimberlygartlandgroup.com/homes/83000886

    401 Taylor Place NW , 1-16 Renton, WA 98057

    • Price: $3,290,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 1277238
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    10,943
    SQFT
    $301
    $/SQFT
    1969
    Built
    Neighborhood:
    Renton
    County:
    King
    Area:
    Skyway Area
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Renton
    Property Description
    16 units,4.9% Market Cap Rate,Meticulously maintained, located near downtown Renton. Turn-key W/great street appeal. Many units have been updated. Spacious floor plans,separate dining areas, large balconies, Coin operated laundry,Onsite office, covered parking. Increased population growth&strong demand in Renton, coupled with few supply additions= low vacancy rate, above-average rent growth. Increase rents to market, charge for utilities & reap the rewards!
    Exterior Features

    Building Condition Very Good Carport Spaces 7 Exterior Wood Foundation Poured Concrete Garage Spaces 1 Lot Details CurbsDead End StreetPaved StreetSidewalk Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 20 Uncovered Spaces 12 View CityMountainTerritorial

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 635 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 635 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 635 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 635 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 635 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 635 Units Below Grade N

    Property Features

    Amenities Coin Op LaundryStorage Bank Owned No Cap Rate 4.90 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 227555 Gross Rent Multiplier 13 Gross Scheduled Income 237036 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3425 Leased Items Washer/Dryer Net Operating Income 161779 New Construction YN No Other Expenses 30950 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeck Tax Amount 21295 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 69640 Total Expenses TEX 69640 Total Monthly Income 19725 Unit1 Monthly Rent 1195 Unit2 Monthly Rent 1195 Unit3 Monthly Rent 1195 Unit4 Monthly Rent 1250 Unit5 Monthly Rent 1195 Unit6 Monthly Rent 1195 Vacancy Rate 4 Water Sewer Garbage 13963

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-20T17:16:04.793.

     
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    Listing Courtesy of Sterling Johnston Real Estate.