534 Smithers Avenue S Renton, WA 98057
534 Smithers Avenue S
Renton, WA 98057
$985,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Rare 4-plex available in Renton. Great location-great tenants. Close to freeways/shopping/restaurants/etc. Lots of work done over the last few years incl new roof in 2021, exterior repairs & full ext paint in 2023, remodel of unit A in 2023/24 (drove vacancy). Recent improvements (& vacancy) skewing NOI/Cap Rate/etc. Long-term tenants in B, C & D (below market rents). Expect long-term for new tenant in A. B & C in good condition. D needs a lot of work, but current tenant content as-is for lower rent (also maintains lawn). Keep as is or bring your ideas. B available for showings w/2-hr min notice - other 3 units shown upon mutual. No sign. Please do not disturb tenants. Note: Sale in 2022 was for 53% ownership, not for the whole property.
Property Features
Community: Renton
4-Plex
Exterior: Brick
Exterior: Wood Products
Roof: Composition
Year Built: 1951
2023 Taxes: $9953.53
Listing #: 2236757
Lot Details
Lot Size: 0.11 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Wall Unit(s), Baseboard
Electric
Call or Email:
Grace Wamwere
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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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