604 Morris Ave S

Beds
Baths
8,484 Sq. Ft.
$248 / Sq. Ft.
8,484
Sq. Ft.
$248
per Sq. Ft.

Description

(1031 exchange) This 5-unit building is an investor’s dream! It's fully occupied & professionally managed. Each unit comes with 3 beds,2.5 baths and attached garage. Open floor plan & spacious rooms. Located in the center of downtown Renton. Minutes away from The Landing, shopping, & the uprising Hyatt Lake Washington conference center. Seller is amenable to trading for individual commercial,or residential lots. The location has expansive building which assures appreciation & high rental demand.(1031 exchange) This 5-unit building is an investor’s dream! It's fully occupied & professionally managed. Each unit comes with 3 beds,2.5 baths and attached garage. Open floor plan & spacious rooms. Located in the center of downtown Renton. Minutes away from The Landing, shopping, & the uprising Hyatt Lake Washington conference center. Seller is amenable to trading for individual commercial,or residential lots. The location has expansive building which assures appreciation & high rental demand.
  1. Listed by Duke Young • Windermere Bellevue Commons
    P: (425)-462-8000 duke@dukeyoung.com

Property Details for 604 Morris Avenue South

Community Name
Downtown Renton
School District
Renton
Number of Assigned Spaces
5
Total Covered Parking
7
Entry Date
12-01-2016
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:32 AM

Property Details for 604 Morris Avenue South

StatusSold
MLS #1054524
Days on Market4
Cumulative Days on Market4
Taxes$3,780 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2016
Lot Size0.22 AC / 9,600 SF
CountyKing County

Location

Listing Courtesy of Windermere Bellevue Commons

Sold By Windermere Real Estate/East

Add your commute

Building Information for 604 Morris Avenue South

Stories3Residences5Year Built2016Building Size-Lot Size0.22 AC / 9,600 SF

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$10,780 per month

30 year fixed, 6.36% Interest

Principal and Interest

$10,465

Property Taxes

$315

HOA Dues

$0

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Property Information for 604 Morris Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available
  • Area: _340RentonBensonHi
  • Elementary School: Bryn Mawr Elem
  • Middle Or Junior School: Dimmitt Mid
  • High School: Renton Snr High
  • Effective Year Built Source: See Remarks
  • Directions: Follow I-405 S to WA-515 N/Talbot Rd S in Renton. Take exit 3 from I-405 S- Merge onto I-405 S- Take exit 3 for WA-515/Talbot Road S-Continue on Talbot Rd S. Drive to Morris Ave S-
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2016
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Forced Air
  • New Construction: Completed
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1476
  • Power Company: PSE
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Electric
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: Yes
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 2016
  • Photos Count: 21
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2963900010
  • Calculated Square Footage: 8484
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8484.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 19526
  • Gross Adjusted Income: 117924
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $137,450
  • Insurance Expense: $2,270
  • Net Operating Income: $117,924
  • Other Expenses: $12,000
  • Total Monthly Income: 11450
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8484.0
  • Leasable Area Units: Square Feet

Property History for 604 Morris Avenue South

DateEvent & SourcePriceAppreciation
Dec 15, 2016

Sold

NWMLS #1054524

$2,100,000
Dec 5, 2016

Pending

NWMLS #1054524

Dec 1, 2016

Listed (Active)

NWMLS #1054524

$2,100,000
DateEvent & SourcePrice
12/15/2016

Sold

NWMLS #1054524

$2,100,000
12/05/2016

Pending

NWMLS #1054524

12/01/2016

Listed (Active)

NWMLS #1054524

$2,100,000

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

Public Records for 604 Morris Avenue South

Taxable ValueLand$315,000Additions$1,145,000Total$1,460,000
Tax Record2018$19,406 ($1,617 / month)
Home Facts
Beds9Baths7.5Above Ground SqFt4,440 SqFtFinished Basement SqFt1,230 SqFtStories2Lot Size5,699 SqFtStyleSingle Family ResidenceYear Built2016ZoningR14CountyKingAPN2963900010

Schools near 604 Morris 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 - 6 to 12
Rating
School
Distance
Bryn Mawr Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Griffin Home
Public6 to 12

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 Windermere Bellevue Commons

Based on information submitted to the MLS GRID as of 09/05/2024 05:32 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.