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caroline bouvier

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206.650.0431
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Listing 1 out of 5
$2,199,950 For Sale

321 Factory Ave N
Renton, WA 98057

8 units | Multi Family Home
8242 sq ft lot - MLS# 1507454 Courtesy of Skyline Properties, Inc.
Property Photo
1/25

Description

Brick 8 units (two 4plex) in vibrant-revitalizing downtown, upgraded units;windows,cabinets, counter-tops,flooring,tub surround, security system. Wash-dry in each unit. 7- two bedroom one bath units and 1- one bedroom/one bath unit, storage area for owner and tenants. Near Boeing and PACCAR Tenants pay water,sewer,garb- tenants pay about $1500 per 2 bedroom unit inclusive, professionally managed with excellent tenants, two 4plx buildings on one tax ID, No Sign, please do not disturb tenants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: King County
  • Zip Code: 98057
  • Year Built: 1967
  • Subdivision/Neighborhood: Car Works Addition
  • School District: Renton
  • Sq.Ft.: 7,116 sq ft
  • Units: 8 units
  • # of Parking Spaces: 8
  • Lot Size: 8242 sq ft lot
  • Area: Downtown
  • Amenities: Thermal Windows
  • Area Number: 350
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Bedrooms Unit 5: 2
  • Bedrooms Unit 6: 2
  • Building Condition: Good
  • Cap Rate - NOI div LP: 0.05
  • Electrical Expenses: $300
  • Energy Source(heat): Electric
  • Exterior: Brick
  • Floor Covering: Ceramic Tile, Laminate Hardwood
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $125304
  • Gross Rent Multiplier: $17
  • Gross Scheduled Income: $129180
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $2801
  • Lot Details: Alley
  • Lot Dimensions: 80 x 103
  • Net Operating Income: $106815
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Power Company: Pse
  • Rent Unit 1: $1395
  • Rent Unit 2: $1395
  • Rent Unit 3: $1395
  • Rent Unit 4: $1395
  • Rent Unit 5: $1395
  • Rent Unit 6: $1395
  • Roof: Torch Down
  • Square Feet Unit 1: 850
  • Square Feet Unit 2: 850
  • Square Feet Unit 3: 850
  • Square Feet Unit 4: 850
  • Square Feet Unit 5: 850
  • Square Feet Unit 6: 850
  • Total Expenses: $18489, $18489
  • Total Monthly Income: $10765
  • Vacancy Rate: 3
  • Water Company: Public
  • Water/Sewer/Garbage: 8060
Courtesy of Skyline Properties, Inc.
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Bouvier Realty Group are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-09-14

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caroline bouvier | 206.650.0431 | contact me
33313 1st Way S - Federal Way, WA 98003
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