** $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.
Sold
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
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#: 2022241

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