534 SMITHERS AVE S
RENTON, WA 98057

$985,000

N/A Beds

0 Baths

2,739 Sq Ft

Status Active

MLS# 2236757

Rare 4-plex available in Renton. Great location-great tenants. Close to freeways/shopping/restaurants/etc. Lots of work done over the last few years incl new roof in 2021, exterior repairs & full ext paint in 2023, remodel of unit A in 2023/24 (drove vacancy). Recent improvements (& vacancy) skewing NOI/Cap Rate/etc. Long-term tenants in B, C & D (below market rents). Expect long-term for new tenant in A. B & C in good condition. D needs a lot of work, but current tenant content as-is for lower rent (also maintains lawn). Keep as is or bring your ideas. B available for showings w/2-hr min notice - other 3 units shown upon mutual. No sign. Please do not disturb tenants. Note: Sale in 2022 was for 53% ownership, not for the whole property.

Details for 534 SMITHERS AVE S

Built in 1951

$360 / Sq Ft

4 parking spaces

None

Baseboard, Wall Unit(s)

15 Days on website

0.1102 acres lot

Interior

Flooring

Vinyl, Carpet

Interior Features

Wall To Wall Carpet

Living Area

2,739 SqFt.

Building And Construction

Building Name

Smithers 1st Addition

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1951

Exterior And Lot

Exterior Features

Brick, Wood Products

Lot Size Acres

0.1102

Lot Size Square Feet

4800

Lot Size Units

Square Feet

Parking Total

Utilities

Cooling

None

Heating

Baseboard, Wall Unit(s)

Area And Schools

City

Renton

County Or Parish

King

School District

Renton

Subdivision Name

Renton

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$9,953.53

Tax Year

2023

Details for 534 SMITHERS AVE S

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 534 SMITHERS AVE S