Active · Commercial Sale

621 Houser Way S, Renton, WA 98057

Renton, WA 98057

$1,220,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Best Choice Realty LLC · MLS #2484144 · Active

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About this property

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! 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.

Property details

Property type: Commercial Industrial
Year built: 1900
Lot size: 8,250 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $7,900 (2025)
Parking spaces: 4

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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