58 Shattuck Ave S

—
Beds
—
Baths
2,030 Sq. Ft.
$256 / Sq. Ft.
2,030
Sq. Ft.
$256
per Sq. Ft.

Description

Stabilized investment property offering 6.1% cap rate with upside! This duplex is occupied with two long-term tenants. Both units offer 3 bedrooms, 1 bath, & in-unit washer/dryers. Unit 60 was fully renovated in 2017 with new windows, kitchen, bath, flooring and appliances. Similar renovation opportunity can be realized in Unit 58. Building also had new roof installed in 2017 and new plumbing in 2019. Interior photos of renovated unit. Total monthly rent of $1,800 (Unit 60) and $1,450 (Unit 58).Stabilized investment property offering 6.1% cap rate with upside! This duplex is occupied with two long-term tenants. Both units offer 3 bedrooms, 1 bath, & in-unit washer/dryers. Unit 60 was fully renovated in 2017 with new windows, kitchen, bath, flooring and appliances. Similar renovation opportunity can be realized in Unit 58. Building also had new roof installed in 2017 and new plumbing in 2019. Interior photos of renovated unit. Total monthly rent of $1,800 (Unit 60) and $1,450 (Unit 58).
  1. Listed by Patrick Lee • L4 Realty
    P: (425)-919-3020 plee@l4investment.com

Property Details for 58 Shattuck Avenue South

Community Name
Downtown Renton
School District
Renton
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
09-03-2019
Sewer
Available
LISTING CLOSED: 10/18/2019 12:00 AM

Property Details for 58 Shattuck Avenue South

StatusSold
MLS #1513676
Days on Market9
Cumulative Days on Market9
Taxes$4,215 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.15 AC / 6,534 SF
CountyKing County

Location

Listing Courtesy of L4 Realty

Sold By RE/MAX Northwest Realtors

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Building Information for 58 Shattuck Avenue South

Stories1Residences2Year Built1948Building Size-Lot Size0.15 AC / 6,534 SF

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$2,643

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HOA Dues

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Property Information for 58 Shattuck Avenue South

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 360 - Skyway Area
  • High School: Renton Snr High
  • Effective Year Built Source: Public Records
  • Directions: From the Landing, go south on Logan Ave N. Road turns right onto Airport Way. Left on Shattuck Ave S. Duplex located on left side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate
  • Features: Forced Air, Laminate Hardwood
  • Amenities: Basement
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2336
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Natural Gas
  • Utilities: Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1948
  • Photos Count: 13
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0007200171
  • Building Condition: Remodeled
  • Calculated Square Footage: 2030
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2030.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7256
  • Gross Adjusted Income: 39000
  • Gross Rent Multiplier: 134
  • Gross Scheduled Income: $39,000
  • Insurance Expense: $705
  • Net Operating Income: $31,744
  • Other Expenses: $0
  • Total Monthly Income: 3250
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2030.0
  • Leasable Area Units: Square Feet

Property History for 58 Shattuck Avenue South

DateEvent & SourcePriceAppreciation
Oct 18, 2019

Sold

NWMLS #1513676

$520,000—
Oct 17, 2019

Sold (Public Record)

Public Record #655281307

$524,000

+14.9% / yr

Sep 12, 2019

Pending

NWMLS #1513676

—
DateEvent & SourcePrice
10/18/2019

Sold

NWMLS #1513676

$520,000
10/17/2019

Sold (Public Record)

Public Record #655281307

$524,000

+14.9% / yr

09/12/2019

Pending

NWMLS #1513676

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 58 Shattuck Avenue South

Taxable ValueLand$309,000Additions-Total$309,000
Home Facts
Baths2Total Finished SqFt1,630 SqFtAbove Ground SqFt1,630 SqFtStories1Lot Size6,534 SqFtStyleSchoolYear Built1948Year Renovated1948ZoningR-8CountyKINGAPN000720-0171

Schools near 58 Shattuck Avenue South

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bryn Mawr Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Sartori Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of L4 Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:39 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.