16240 114th Avenue SE Renton, WA 98055
16240 114th Avenue SE
Renton, WA 98055
$899,500
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a two-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It’s ready for drywall and finishing touches, allowing you to unlock even greater rental potential.
Property Features
Community: Benson Hill
Tri-plex
View: Territorial
Cable TV
Fenced-Partially
Gas Available
High Speed Internet
Outbuildings
RV Parking
Exterior: Metal/Vinyl
Exterior: Wood
Roof: Composition
Year Built: 1952
2024 Taxes: $5051.00
Listing #: 2327598
Lot Details
Lot Size: 0.29 acres
Lot Dimensions: 63" by 197'
Paved
No. of Units: 3
Interior
Cooling: None
Heating: Forced Air, Baseboard
Electric
Natural Gas
Schools
District: Renton
Elem: Cascade Elem
Middle: Nelsen Mid
High: Lindbergh Snr High
Call or Email:
Grace Wamwere
What's Near 16240 114th Avenue SE Renton, WA 98055?
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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