1506 S Puget Dr Unit 1-8, Renton, WA 98058

$3,200,000
11,840
SqFt

Listing courtesy of Sterling Johnston Real Estate.

List Price
$3,200,000
Status
ACTIVE
MLS#
1620597
Price Change
▼ $250,000 1595635269
Days on Market
44
Style
55 - 5-9 Units
Building Condition
['Very Good']
Finished SqFt
11,840
Lot Size (sq ft)
20,473

Property Description

Price Improvement!New Construction,8 Townhomes/4 Bldg's on private cul-de-sac, 5.2% CAP RATE,minutes to Bellevue & Seattle.Strong economic region-Medical,Boeing,High tech,Renton poised for rapid appreciation.Large 3-bedroom/2.5-bath,attached one-car garage. The units are separately metered for all utilities, paid by residents.Condo-quality details,walk-in closets, in-unit laundry front-load washer/dryers, stainless steel appliances, quartz countertops,stained wood mill work,high-end finishes.

Additional Information

List Date
2020-06-26 00:00:00
Community
Benson Hill
Property Type
MULT
Units
8
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
2019
Total Parking
12
Uncovered Parking
8
View
Mountain, Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
Lot Details
Cul-de-sac, Curbs, Dead End Street, Paved Street
School District
Renton
Elementary School
Benson Hill Elem
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$20,360
Gross Scheduled Income
$243,660
Vacancy Rate
4
Gross Adjusted Income
$233,914
Annual Taxes
$28,738
Tax Year
2020
Insurance Expense
$3,200
Total Expenses
$68,633
Net Operating Income
$165,280
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.50
Unit 1 Size
1480
Unit 1 Rent
$2,350
Unit 2 Beds
3
Unit 2 Baths
2.50
Unit 2 Size
1480
Unit 2 Rent
$2,350
Unit 3 Beds
3
Unit 3 Baths
2.50
Unit 3 Size
1480
Unit 3 Rent
$2,395
Unit 4 Beds
3
Unit 4 Baths
2.50
Unit 4 Size
1480
Unit 4 Rent
$2,495
Unit 5 Beds
3
Unit 5 Baths
2.50
Unit 5 Size
1480
Unit 5 Rent
$2,495
Unit 6 Beds
3
Unit 6 Baths
2.50
Unit 6 Size
1480
Unit 6 Rent
$2,495
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks