NWMLS

Listing Firm: Best Choice Realty LLC (206-886-3986). Listings with the three tree icon are courtesy of NWMLS.

621 Houser Way

Renton, WA 98057

LISTING #2484144
$1,250,000
STATUS Active
YEAR BUILT 1900
PROPERTY TYPE Commercial Sale

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

EXPAND ALL
Location Information
County King
Community Renton / Newcastle
Latitude 47.476756
Longitude -122.210962
Directions From 405, exit to Talbot exit which turns in Smithers; then turn right onto Houser Way S. Property is on corner of Houser and Burnett.
Subdivision Name Downtown
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Wall Furnace
Cooling Wall Unit(s)
Floors Vinyl Plank
Exterior Features
Style Business Opp.
Exterior Cement/Concrete, Wood
Foundation Pillar/Post/Pier
Roof Composition
Water Source Public
Septic or Sewer Sewer Connected
Covered Spaces 0
Water City of Renton
Electric PSE
Power Production Type Electric, Natural Gas
Parking Spaces 4
Topography Level
Lot Size in Acres 0.1894
Lot Size in Sq. Ft. 8,250
Additional Information
Possession Closing
Property Type Commercial Sale
Property Subtype Commercial Industrial
Structure Type Mixed Use
Year Built 1900
Status Active
Tax Year 2025
Tax Amount $7,900
Lot Acres Source Realist
NWMLS

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INTERESTED IN

621 Houser Way, Renton, WA 98057

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