117 Wells Avenue S, Renton, WA 98057

WA, Renton
$725,000
  • 0.14 Acre
  • Land Property Type
  • Expired Status
Property Description

Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ individual garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build and rent these modern designed units for cash flow. Estimated gross rents $215,000 + per year. Flat building site that is currently a gravel lot. Many options with this property! Rent out existing lot, build units and cash flow or assemble additional parcels as zoning has recently been up zoned to allow for higher density and a maximum height of 95’! Renton just completed a revitalization of the downtown core w/ new streets, sidewalks, etc. Great walk score!

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2127413
  • Price: $725,000
  • Lot Area: 0.14 Acre
  • Status: Expired
  • Office Name: Windermere Real Estate/PSR Inc
  • Agent Name: Joe A. Bernasconi
  • Property Sub Type: Land
Features
  • Sewer On Property, Available
  • Utilities Electricity Available, Natural Gas Available
Address Map
  • Country US
  • State WA
  • County King
  • City Renton
  • Zipcode 98057
  • Street: Wells
  • Street Number: 117
  • Street Suffix: Avenue
  • Longitude: W123° 47' 39.7''
  • Latitude: N47° 28' 55.7''
  • Directions: From 405 Take Maple Valley HWY 169 exit, follow west to Bronson Way, right on S Second Street, Right on Wells, site on left.
  • Mls Area Major: 350 - Renton/Highlands
  • Street Dir Suffix: S
Neighborhood
  • High School District: Renton
Additional Information
  • Water Source: In Street
  • Possible Use: Commercial,Multi-Family
  • On Market Date: 2023-06-14
  • Lot Features: Paved, Curbs, Sidewalk
Financial
  • Tax Annual Amount: 2845
Listing Information
  • List Agent Mls Id: 76582
  • List Office Mls Id: 3422
  • Listing Term: Cash Out,Conventional
  • Mls Status: Expired
  • Modification Timestamp: 2023-08-18T07:18:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-08-18T07:15:59Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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