621 Houser Way S

Renton, WA 98057

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1900

  • Status: Active

$1,285,000

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621 Houser Way S

Renton 98057

$1285000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1900

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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, Booking.com, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484138. Also, perfect set up for new buyer to live in one of the units.

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