1217 Jefferson Avenue NE, Renton, WA 98056

$680,000
1,500
SqFt

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Listing courtesy of Keller Williams Eastside. Selling Office: Redfin.

Sold Price
$680,000
List Price
$700,000
Status
SOLD
MLS#
2236447
Closing Date
May 28, 2024
Days on Market
3
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,500
Area Total SqFt
1500
Annual Tax Ammount
5767
Lot Size (sq ft)
13,520
Sewer
Sewer Connected

Property Description

Amazing investment opportunity in growing Renton Highlands! Or live here and "house hack." You can live in one side and have rental income from the other side. The lot is huge with tons of garden space, RV parking and full two car garage. Both sides are 2 beds and three quarter bath, full kitchens, generous living rooms and fresh coast of exterior paint. 1217 unit has gas fireplace, laundry room storage and full two car garage.

Additional Information

List Date
2024-05-25 00:00:00
Community
Highlands
Net Operating Income
$37,333
Gross Adjusted Income
$48,000
Gross Scheduled Income
$48,000
Total Monthly Income
$1,600
Insurance Expenses
$1,300
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
14.6
Total Expenses
$10,667
Cap Rate
5.3
Total Number of Units
2
Unit Name
1217
Potential Terms
Cash Out, FHA, VA Loan
Year Built
1943
Roof
Composition
Site Features
Deck, Fenced-Partially, Outbuildings, RV Parking
Energy Source
Electric, Natural Gas
School District
Renton
Elementary School
Sierra Heights Elem
Middle School
Mcknight Mid
High School
Hazen Snr High
Total Monthly Income
$1,600
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Tax Year
2024
Insurance Expense
$1,300
W/S/G Expenses
$3,600
Total Expenses
$10,667
Net Operating Income
$37,333
Gross Rent Multiplier
14.6
Cap Rate
5.3
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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