501 S 5th St Renton, WA 98057
Listing Courtesy of: Northwest MLS / John L. Scott, Inc and Windermere Real Estate/East

  501 S 5th St Renton, WA 98057

Sold (2 Days)
$1,100,000
5
BED
4
BATH
3,458
SQFT

Description

Ideally-located classic 4-plex in Downtown Renton. Here's your rare opportunity to own this 4plex that has a secured entry. Comprised of one 2-bedroom/1-bath units and three 1-bedroom/1bath units, coin-operated washer/dryer. A prime location and spacious units, this solid 4-plex generates nice rents, with the ability for more rental income and is offered at an attractive value of about 5% Cap Rate. New exterior paint, windows/sliders in 2018/2019, new roof 2014, new boiler 2018, new exterior mailboxes 2019, unit 201 remodel in 2020. You'll appreciate this well-maintained property. Include 8 off-street parking spots, 3 covered. Located mins from restaurants, shops & services. The Landing, Coulon Park, Sea-Tac Airport, Lake Washington.

MLS #:
1856985
Taxes
$9,109(2021)
Lot Size
6,000 SQFT
Type
Multifamily
Year Built
1981
Style
4-Plex
School District
Renton
County
King County
Community
Downtown Renton

Listed By

Rache Boston, John L. Scott, Inc
Bought with
Kc Brants, Windermere Real Estate/East
Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 3 2025 at 2:52 AM GMT+0000
Bathroom Details
Subdivision
  • Smithers
Lot Information
  • Corner Lot
  • Curbs
  • Paved Street
  • Sidewalk
  • Value In Land
Property Features
  • Cable Tv
  • Fenced-Partially
  • Foundation: Poured Concrete
Heating and Cooling
  • Radiator
Flooring
  • Vinyl
  • Wall to Wall Carpet
Exterior Features
  • Wood
  • Wood Products
  • Roof: Flat
Utility Information
  • Utilities: Public
  • Sewer: Sewer Connected
  • Energy: Electric, Natural Gas
School Information
  • Elementary School: Sartori Elementary
  • Middle School: Nelsen Mid
  • High School: Renton Snr High
Additional Listing Info
  • Buyer Brokerage Compensation: 3
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Disclaimer: Based on information submitted to the MLS GRID as of 1/2/25 18:52. 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.