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1500 Kirkland Avenue NE

Renton, WA 98056
  • $599,000
  • STATUS: Pending
  • ON SITE: 119 Days
  • ID#: 1799707
Under Contract
UPDATED: 56 min ago
$599,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

School District:
Listing Courtesy of The Foundation Group Llc.

Description

Fantastic duplex with major upside. Two large 3bed/1ba units with W/D hookups. One unit fully renovated and one unit with long term tenant. Current Cap rate is 4.87% with upside of 6.29%. This duplex also sits on a 7,950sf of RMF zoning. This allows for a variety of development options for multifamily or townhouse builders. The neighborhood is changing fast with 3 sites across the street ready to be developed.

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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 Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T20:16:32.013.

www.shookhomegroup.com/homes/118823660
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1500 Kirkland Avenue NE Renton, WA 98056

  • Price: $599,000
  • Status: Pending
  • Updated: 56 min ago
  • ID#: 1799707
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,750
SQFT
$342
$/SQFT
1943
Built
Neighborhood:
Highlands
County:
King
Area:
Renton/Renton Highlands
School District:
Renton
Property Description
Fantastic duplex with major upside. Two large 3bed/1ba units with W/D hookups. One unit fully renovated and one unit with long term tenant. Current Cap rate is 4.87% with upside of 6.29%. This duplex also sits on a 7,950sf of RMF zoning. This allows for a variety of development options for multifamily or townhouse builders. The neighborhood is changing fast with 3 sites across the street ready to be developed.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features Corner LotCurbs Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Building Area Total 1750 Fireplace YN No Flooring Vinyl Plank Furnished Unfurnished Heating Cooling Type Forced Air Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association Fee Frequency Annually Electric On Property YN No Energy Source Natural Gas FIRPTAYN No Foundation Details Post & Pillar Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 29195 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Company Pse Power Production Type Natural Gas Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Renton Special Listing Conditions None Tax Annual Amount 4521 Tax Year 2021 Units In Building Total 2 Utilities Sewer ConnectedNatural Gas Connected Water Company Renton Zoning Class Multi-FamilyResidential Zoning Jurisdiction County

Listing information © 2021 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 Shook Home Group | Keller Williams Tacoma 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 Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T20:16:32.013.

 
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Shook Home Group | Keller Williams Tacoma
7525 28th St W
University Place WA, 98466
Listing Courtesy of The Foundation Group Llc.