534 Smithers Avenue S Renton, WA 98057
Rare 4-plex available in Renton. Great location-great tenants. Close to freeways/shopping/restaurants/etc. Lots of work done over the last few years incl new roof in 2021, exterior repairs & full ext paint in 2023, remodel of unit A in 2023/24 (drove vacancy). Recent improvements (& vacancy) skewing NOI/Cap Rate/etc. Long-term tenants in B, C & D (below market rents). Expect long-term for new tenant in A. B & C in good condition. D needs a lot of work, but current tenant content as-is for lower rent (also maintains lawn). Keep as is or bring your ideas. B available for showings w/2-hr min notice - other 3 units shown upon mutual. No sign. Please do not disturb tenants. Note: Sale in 2022 was for 53% ownership, not for the whole property.
- Property TypeMulti-Family
- NeighborhoodRenton
- CountyKing
- Taxes$9,953
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID Number2236757
- Home Size Source REALIST
- Year Built1951
- Lot Size0.1102 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 4
- Number of Stories 1
- Acreage 0.1102
- Water Public
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Lot Features AlleyCurbsPavedSidewalk
- Parking Total 4
Interior Features
- Cooling None
- Heating BaseboardWall Unit(s)
- Flooring VinylCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- Waterfront Property No
- Exterior BrickWood Products
- Lot AlleyCurbsPavedSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 340 - Renton/Benson Hill