Bought with COMPASS
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Key Details
Sold Price $845,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $322
Subdivision Highlands
MLS Listing ID 1840777
Sold Date 09/15/21
Style 54 - 4-Plex
Year Built 1960
Lot Size 8,611 Sqft
Property Description
Prime for cosmetic repositioning, all tenants on MTM leases with zero delinquency. Listing team has factored in a $10k/unit
rehab budget to renovate units and achieve market rents. The Index Place Fourplex is well-positioned in an amenity rich pocket of Renton with quick access to I-405, allowing ease of travel to Bellevue and Seattle while providing a residential feel with affordable rents in the area. It is a single story building with 6 surface parking stalls. Unit mix consists of one studio, one 1-bed, one 2-bed, and one 3-bed. The property sits on 0.2 acres with 2,620 NRSF.
Location
State WA
County King
Area 350 - Renton/Highlands
Interior
Fireplace No
Exterior
Exterior Feature Brick, Wood, Wood Products
Utilities Available Sewer Connected
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Others
Senior Community No
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John Dirgo Deweese
Designated Broker | License ID: 25033
Designated Broker License ID: 25033