13956 SE 173rd Place | $590,000
Listed Exclusively by
Charles Burnett | SoundRealtyGroup.com
Mixed-use building (4-Plex) in an ideal location right across the street from Fairwood Shopping Center. Very well-maintained; solid, turn-key investment property generating abundant cash flow. Currently receives $5035/mo. income @ 8.5% Cap. Rate; market rent is $5490/mo. income @ 9.4% Cap. Rate! Unit mix consists of (3) 2bed/1bath residential units (2 are townhome-style) and (1) office/retail unit. Features (4) garages, coin-op laundry, new roof in 2008, and lots of updates and upgrades throughout.
Additional photos & information: http://www.soundmultifamily.com/renton-multi-family-properties/renton-four-plex-for-sale/