This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $45,600 annually with potential to reach $73,560. Investors can boost rental income to market rates or leverage permits for redevelopment into 35 apartments and 5,000 square feet of commercial space. Explore options like townhouse condos or commercial-only setups. Situated in a thriving urban village near Renton Highlands, with nearby projects adding 700 multifamily units, 100 townhouses, and 40,000 square feet of retail space. Ideal for visionary investors seeking growth and opportunity, just minutes from shopping and dining!
MLS# | 2272635 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1942 |
Days On Site | 188 |
Listing Provided By | Redfin | Brian Richards |
SQ Feet | 2,090 |
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Story(s) | 1 |
Units | 3 |
Acreage | 0.50 |
State | WA |
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County | King |
City | Renton |
Zip Code | 98056 |
Area | 350 Renton | Highlands |
Community Name | Renton |
School District | Buyer To Verify |
Elementary School | Buyer To Verify |
Middle School | Buyer To Verify |
High School | Buyer To Verify |
Listing VS Median (in Renton) | |
Price: $1,380,000 low | high Med: $762,000 SqFt: 2,090 low | high Med: 1,748 $ / SqFt: $660 low | high Med: $448 On Site: 188 low | high Med: 88.000000 |