534 SMITHERS AVE S
RENTON, WA 98057
$985,000
0 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
$360 / Sq Ft
4 parking spaces
Baseboard, Wall Unit(s)
No Info
0.1102 acres lot