117 Wells Avenue S Renton, WA 98057
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Psr, Inc. / Joe Bernasconi
$975,000

  117 Wells Avenue S Renton, WA 98057

Active (104 Days)

Description

Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build out this spring and rent these modern designed units for cash flow. Estimated gross rents $200,000 + per year. Flat building site that is currently a gravel lot. Rent out existing site, build and cash flow or assemble additional parcels as zoning has recently been up zoned to allow for higher density and a maximum height of 95’. Renton just completed a revitalization of the downtown core w/ new streets, sidewalks, etc. Great walk score!

MLS #:
1901665
Taxes
$2,845(2022)
Lot Size
6,005 SQFT
Type
Land
Style
42 - Multi-Family
School District
Renton
County
King County
Community
Downtown Renton
Bathroom Details
Subdivision
  • Downtown Renton
Lot Information
  • Sidewalk
  • Paved
  • Curbs
Utility Information
  • Utilities: Electricity Connected, Natural Gas Available
  • Sewer: On Property, Available
Additional Listing Info
  • Selling Office Commission: 3
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 08, 2022
Price Changed
$975,000
-2%
-24,888
Mar 20, 2022
Original Price
$999,888
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.