340 Meadow Avenue N, Renton, WA 98057

$800,000
2,390
SqFt

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Listing courtesy of WeLakeside. Selling Office: Multifamily Properties.

Sold Price
$800,000
List Price
$799,900
Status
SOLD
MLS#
2070313
Closing Date
Aug 10, 2023
Days on Market
3
Style
53 - Tri-plex
Finished SqFt
2,390
Area Total SqFt
2390
Annual Tax Ammount
7448
Lot Size (sq ft)
4,120
Sewer
Sewer Connected

Property Description

Renton triplex; great investment opportunity. (1) 2 bedroom/2 bath, (1) 2 bedroom/1 bath and (1) 1 bedroom/1 bath unit. All units have dishwasher and washer/dryer in the unit, and covered parking. New windows, exterior paint, roof and landscaping.

Additional Information

List Date
2023-08-07 00:00:00
Community
Renton
Net Operating Income
$47,262
Gross Adjusted Income
$47,262
Gross Scheduled Income
$62,940
Insurance Expenses
$1,153
Water/Sewer/Garbage Expenses
$6,875
Gross Rent Multiplier
12.7
Total Expenses
$15,678
Cap Rate
5.9
Total Number of Units
3
Unit Name
340
Potential Terms
Cash Out, Conventional
Year Built
1994
Roof
Composition
Electric Expenses
202
Energy Source
Electric
School District
Renton
Gross Scheduled Income
$62,940
Gross Adjusted Income
$47,262
Tax Year
2023
Insurance Expense
$1,153
W/S/G Expenses
$6,875
Total Expenses
$15,678
Net Operating Income
$47,262
Gross Rent Multiplier
12.7
Cap Rate
5.9
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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