320 Williams AVE N, Renton, WA 98057
320 Williams AVE N, Renton, WA 98057
320 Williams AVE N, Renton, WA 98057
320 Williams AVE N, Renton, WA 98057
320 Williams AVE N, Renton, WA 98057
320 Williams AVE N, Renton, WA 98057
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Janel Delos Reyes

Janel Delos Reyes

+1(360) 689-3134
Listed by:Windermere Real Estate/PSR Inc • Joe A. Bernasconi
$ 995,000
Est. payment | /mo

4 Beds

2.75 Baths

2,260 SqFt

Save
$ 995,000
Est. payment | /mo
Save

4 Beds

2.75 Baths

2,260 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $440

Subdivision Downtown

MLS Listing ID 2535935

Style 11 - 1 1/2 Story

Bedrooms 4

Full Baths 2

Year Built 1909

Annual Tax Amount $6,075

Lot Size 7,988 Sqft

Property Sub-Type Single Family Residence

Property Description

Exceptional investment opportunity featuring 2 detached homes on 1 lot in Downtown Renton. Perfect for investors seeking strong cash flow or owner-occupants looking to offset their mortgage by living in one home and renting the other. Currently generating $7,200/month ($86,400 annually) in gross rental income with an attractive 7.6% CAP Rate. One home is leased at $4,325/month to long-term tenants, while the second rents for $2,875/month. Both homes have been updated with newer roofs and exterior paint. Unit A has been fully renovated with new flooring, kitchen, bathroom, and appliances. Each home offers approximately 1,100 sq ft, 2 bedrooms, 1 bathroom, and full-size washer/dryer+ Addl studio living space for added income. Unlike many income properties, both homes feature spacious private yards. Unit A is accessed from Williams Ave N and includes driveway parking for 2 vehicles plus ample street parking. Unit B is accessed from the alley and features a fully fenced yard, detached 1-car garage, and additional off-street parking. Potential future condo overlay may allow the homes to be sold separately (buyer to verify). Turnkey investment with immediate income, owner-occupant flexibility, and long-term upside.

Location

State WA

County King

Area 350 - Renton/Highlands

Rooms

Basement None

Main Level Bedrooms 4

Interior

Interior Features Fireplace, Water Heater

Flooring Laminate, Carpet

Fireplaces Number 1

Fireplaces Type Electric

Fireplace true

Appliance Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Curbs, Sidewalk

Story One and One Half

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Renton

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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320 Williams AVE N