978 Edmonds Avenue NE, Renton, WA 98056
- $3,009,000
- 9,152
- SqFt
Listing courtesy of Keller Williams Eastside. Selling Office: Realty One Group Orca.
- Sold Price
- $3,009,000
- List Price
- $2,999,000
- Status
- SOLD
- MLS#
- 2296075
- Closing Date
- Nov 27, 2024
- Days on Market
- 12
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 9,152
- Area Total SqFt
- 9152
- Annual Tax Ammount
- 26995
- Lot Size (sq ft)
- 13,503
- Sewer
- Sewer Connected
Property Description
978 Sunset Park consists of six large 3 bed/2.5 bath units. Each unit boasts high end finishes consisting of hardwood floors, stainless steel appliances, W/D in unit and a two car garage. The property is currently 1 tax parcel with the opportunity to convert to condo's and sell off individually. 978 Sunset Park offers investors the opportunity to purchase a unique turn-key asset close to 405, The Landing, Renton Highlands and all Renton has to offer.
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Additional Information
- List Date
- 2024-11-15 00:00:00
- Community
- Renton
- Net Operating Income
- $141,155
- Gross Adjusted Income
- $192,384
- Gross Scheduled Income
- $200,400
- Total Monthly Income
- $16,700
- Insurance Expenses
- $2,622
- Water/Sewer/Garbage Expenses
- $5,580
- Gross Rent Multiplier
- 14.97
- Total Expenses
- $51,229
- Cap Rate
- 4.7
- Vacancy Rate
- 4
- Total Number of Units
- 6
- Unit Name
- 978
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2011
- View
- Territorial
- Roof
- Composition
- Other Expenses
- 16032
- Energy Source
- Electric, Natural Gas
- School District
- Renton
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $16,700
- Gross Scheduled Income
- $200,400
- Vacancy Rate
- 4
- Gross Adjusted Income
- $192,384
- Tax Year
- 2024
- Insurance Expense
- $2,622
- W/S/G Expenses
- $5,580
- Total Expenses
- $51,229
- Net Operating Income
- $141,155
- Gross Rent Multiplier
- 14.97
- Cap Rate
- 4.7
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.