621 Houser Way S in Renton
| Listing ID: | 2484144 (Commercial) |
|---|---|
| Listing Price: | $1,285,000 |
| Days on Market: | 8 |
Details | |
| Lot Size: | 0.19 acre (8,250 sqft) |
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484138. Also, perfect set up for new buyer to live in one of the units.
This listing is provided courtesy of NWMLS, contributed by Best Choice Realty LLC.
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