2906 NE 7th St, Renton, Washington
2906 NE 7th St, Renton, Washington 98056 - INVESTORS!!! Great upside potential -- do the math! Recent rent analysis by Renters Warehouse supports a cap rate of 8.5% with GRS of 10.5%. Month-to-month leases in 4 units. One bldg built in 1980 is office/efficiency unit with one bdrm in back -- ready for business to move right in! Second bldg is triplex. Third unit added in 2003; entire bldg has newer siding, roof and paint. Approved short plat ready to go; prkg up to 12 vehicles. Buyer to verify all information. Prime location!
Listing Courtesy of John L. Scott - KMS Renton