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  • Listed by: 

    Jonathan Naguit,

    CENTURY 21 Real Estate Center

    $1,300,000

    1409 Monroe Avenue NE, Renton, WA 98056

    --beds
    --baths
    2,090sqft
    Triplex
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $622/sqft
    $2,572 Estimated rent

    What's special

    ** $200K price improvement ** Income-producing $45,600 current $73,560 proforma. Consisting of three (3) detached single-family houses on a half-acre lot, this versatile SUNSET BLVD NE investment property provides savvy & opportunistic investors multiple exit strategy options including: Bringing tenant rents up to market rates; permits are ready to redevelop for 35-unit apartments & 5,000 SF commercial space; or propose live-work lofts, townhouse condos or commercial-only builds. The urban village this property is situated in, has projects under construction that would yield around 700 multifamily units, 100 townhouses & 40,000 SF retail & walking/quick drive distance to many of Renton Highlands' most popular restaurants, bars & retailers.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:46am

    Listed by:

    Jonathan Naguit,

    CENTURY 21 Real Estate Center

    Bought with:

    Tsang Wong, 27099

    TNC Real Estate Solutions Inc

    Source: NWMLS,MLS#: 2022241MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,090
    • Total interior livable area: 2,090 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Covered spaces: 1
    • Uncovered spaces: 9
    Lot
    • Size: 0.50 Acres
    • Features: Corner Lot, Paved, Sidewalk, Cable TV
    Details
    • Parcel number: 0423059104
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding
    • Roof: See Remarks
    Condition
    • Year built: 1942
    • Major remodel year: 1942

    Utilities & green energy

    • Sewer: Available
    • Water: Public

    Community & neighborhood

    Location
    • Region: Renton
    • Subdivision: Highlands

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 833 days
    Services availability