2906 Northeast 7th Street
2906 Northeast 7th Street
Renton, WA 98056
$750,000
Last Sold Price
7
Beds
4
Baths
3,280 Sq. Ft.
$229 / Sq. Ft.
3,280
Sq. Ft.
$229
per Sq. Ft.
Sold 5/1/18
Sold 5/1/18
Listing provided courtesy of American Classic Homes
Description
Heavily updated fourplex opportunity in the Renton Highlands. Traditional triplex with 2 bed/1 bath units with detached single dwelling unit with Office. Updates include new roofs, windows, siding, gutters, and paint. All units rented out month-to-month to allow for owner occupant or rent increase. Parking up to 12 vehicles. Less then 5 minutes to I-405 and 15 minutes to downtown Bellevue. This turn-key investment can also be short platted, buyer to verify.Heavily updated fourplex opportunity in the Renton Highlands. Traditional triplex with 2 bed/1 bath units with detached single dwelling unit with Office. Updates include new roofs, windows, siding, gutters, and paint. All units rented out month-to-month to allow for owner occupant or rent increase. Parking up to 12 vehicles. Less then 5 minutes to I-405 and 15 minutes to downtown Bellevue. This turn-key investment can also be short platted, buyer to verify.
- Listed by Xing Ji Merwin • American Classic Homes
- Listed by Ryan Runge • American Classic Homes
Property Details for 2906 Northeast 7th Street
Community Name
Highlands
School DistrictRenton
Number of Assigned Spaces12
Total Covered Parking0
Entry Date02-20-2018
SewerSewer Connected
Location
Listing Courtesy of American Classic Homes![]()
Sold By American Classic Homes
Add your commute
LISTING UPDATED: 03/27/2021 11:49 PM
Property Details for 2906 Northeast 7th Street
| Status | Sold |
|---|---|
| MLS # | 1247705 |
| Days on Market | 31 |
| Cumulative Days on Market | 2182 |
| Taxes | $5,607 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1943 |
| Lot Size | 0.26 AC / 11,280 SF |
| County | King County |
Location
Listing Courtesy of American Classic Homes![]()
Sold By American Classic Homes
Add your commute
Building Information for 2906 Northeast 7th Street
Stories1Residences4Year Built1943Building Size-Lot Size0.26 AC / 11,280 SF
Payment Calculator
$4,560 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,093
Property Taxes
$467
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2906 Northeast 7th Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Deck, Fenced-Partially, RV Parking
- Area: 350 - Renton/Highlands
- Directions: From I-405 exit 5: Turn right on NE Park/ Sunset Blvd. Go to 12th St, turn right to Monroe Ave. Go to NE 7th St, turn left to property on left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2017
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 12.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Ceramic Tile, Laminate, Carpet
- Features: Wall to Wall Carpet
- Amenities: Thermal Windows
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard,Wall
- Water Source: Public
- Water/Sewer/Garbage: 2034
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Special Listing Conditions: None
- Photos Count: 25
Lot Information
- Lot Details: Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 7227800830
- Calculated Square Footage: 3280
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3280.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 12
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $1,478
- Total Expenses: 9959
- Gross Adjusted Income: 52200
- Gross Rent Multiplier: 16
- Gross Scheduled Income: $52,200
- Insurance Expense: $840
- Net Operating Income: $42,241
- Other Expenses: $0
- Total Monthly Income: 4350
- Fuel Expense: $0
Unit 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 1200
- Rent Unit 1: $1,550.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 720
- Rent Unit 2: $1,000.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 720
- Rent Unit 3: $900.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 625
- Rent Unit 4: $900.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3565.0
- Leasable Area Units: Square Feet
Property History for 2906 Northeast 7th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2906 Northeast 7th Street
Taxable ValueLand$346,000Additions$447,000Total$793,000
Tax Record2022$7,916 ($660 / month)
Home Facts
Baths4Total Finished SqFt2,060 SqFtAbove Ground SqFt2,060 SqFtStories1Lot Size11,280 SqFtStyleTriplexYear Built1943ZoningR-10CountyKINGAPN722780-0830
Schools near 2906 Northeast 7th Street
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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Highlands Elementary School PublicK to 5 | ||
Mcknight Middle School Public6 to 8 | ||
Renton Senior High School Public9 to 12 | ||
Sartori Education Center Public9 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Highland
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of American Classic Homes
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.