Investors and savvy home buyers, this unique property offers two, detached homes. House plus a studio cottage. Both in top condition. Ideal for owner-occupants seeking substantial rental income from DADU or savvy investors looking for high income and an impeccable property. Live in one beautifully updated unit and rent the other, or rent both for excellent cash flow. Current main house tenant pays $3200mo. Tenant in studio pays $2100mo. Owner pays WSG and power. Cap rate of 7%. High-end remodel with designer tile work, modern heating & AC, and glowing hardwoods. Large, double lot with mature landscaping, perfectly situated between downtown Renton and the Renton Landing. A standout feature is the proximity to multi-family zoning, offering exciting future development potential. A fantastic opportunity for flexible living or a prime investment with upside!
111 days
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392
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15
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Zillow last checked:
Listing updated:
Listed by:
Steve Morrow,
Next Horizon Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2507738
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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