Downtown Homes with 62 - Business Opp. Style

Welcome to Downtown Renton, a vibrant neighborhood nestled in the heart of King County, Washington. Known for its rich history and modern charm, Downtown Renton offers a unique blend of urban living and community spirit that appeals to both families and professionals alike.

As you stroll through the streets of Downtown Renton, you'll discover a delightful mix of local boutiques, cozy cafes, and popular dining spots that showcase the area's diverse culinary scene. The neighborhood is not only a hub for shopping and entertainment but also a vibrant center for business opportunities, particularly for those interested in the 62 - Business Opp. style of homes. These properties offer an ideal space for entrepreneurs and small business owners looking to establish their ventures in a thriving community.

Families will appreciate the abundance of parks and recreational facilities in the area, providing ample opportunities for outdoor activities and family gatherings. The scenic Cedar River, with its picturesque walking trails, is just a stone's throw away, offering residents a serene escape from the hustle and bustle of city life.

Downtown Renton is also well-connected, with easy access to public transportation and major highways, making commuting to nearby cities a breeze. Whether you're looking for a charming home to settle down in or a strategic location for your business, Downtown Renton has something for everyone. Come explore this dynamic neighborhood, where community, convenience, and opportunity come together to create an exceptional place to live and work.

Newest Downtown Homes with 62 - Business Opp. Style

$1,220,000

2484144 MLS ⋅ ACTIVE Status

Extensively renovated fourplex on a spacious 8,250-sq-ft corner lot in the heart of downtown Renton. The 2,930-sq-ft building offers two 2-bedroom/1-bath units and two 1-bedroom/1-bath units—an excellent setup for an investor or an owner-occupant seeking rental income. Major improvements include a new roof and gutters, plumbing and electrical updates, a tankless hot-water system, new attic and crawl-space insulation, and updated kitchens, bathrooms, flooring, and appliances. The property also features a garage, storage lockers, and parking for up to five vehicles; and plenty of additional parking. Currently operated as an short-term rental for little over two years with first year gross rental revenue of $136,950 and second year gross rental of $140,032. The current cap rate is 6.8%. Financial records are available upon request, with additional income-growth potential. With a Walk Score of 97, the property is close to downtown restaurants, shopping, transit, The Landing, Renton Municipal Airport, Boeing, Valley Medical Center, the Seahawks Training Facility, and Alaska Airlines’ training center. Convenient access to I-405 and I-5, with SeaTac Airport, Seattle, and Bellevue all within easy reach.

621 Houser Way S, Renton

Listing Broker: Best Choice Realty LLC; Craig Ruden; 425-830-1438; craigruden@hotmail.com

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