Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling Wall Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1900
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County King
Net Operating Income 82739
Insurance Expense 6458
Property Type Commercial Sale
HOA N
Subdivision Name Downtown
Possible Use Business Multi-Family Residential
Building Features Storage
Special Listing Conditions None
Status Active
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.
City Renton
Senior Community Y/N N
Zoning Description Business Multi-Family Residential
Number Of Units Total 4
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 8250
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 7900
Electric Expense 2937
Fuel Expense 2000
Property Condition Good
Public Remarks Short Term Rental Business Investment opportunity. Gross rent of $136 950; NOI of $82 739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb VRBO and Direct Booking. Business
Virtual Tour https://drive.google.com/file/d/1pGGhEP_Yon0fLiKUangwEqFwec8D9iVt/view?usp=drive_link
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Renton
Water Sewer Garbage 5547
Property Style 62 - Business Opp.
Cap Rate 644