2906 Northeast 7th Street

Renton, WA 98056

$750,000
Price
$750,000
Price
Studio
Beds
3,280 Sq. Ft.
$229 / Sq. Ft.

Sold

Sold

2906 Northeast 7th Street

Renton, WA 98056

Street View

Property Details

StatusSold
MLS #1247705
Year Built1943
DOM32
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size0.26 AC / 11,280 SF
Taxes$5,607 / year
Condo/Co-op Fees-
HOA Fees-
CountyKing County

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Property Details

Community Name
Highlands
School District
Renton

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.

Location

Listing Courtesy of American Classic Homes

Building Information

Stories-Residences4Year Built1943Building Size-Lot Size0.26 AC / 11,280 SF

Payment Calculator

$3,490 per month

30 year fixed, 4.45% Interest

Principal and Interest

$3,022

Property Taxes

$467

HOA Dues

$0


Property Information for 2906 Northeast 7th Street

Summary
    Location and General Information
  • Amenities: Thermal Windows
  • 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
  • MLS Status: S
    Taxes and HOA Information
  • Tax Year: 2017
Interior and Exterior Features
    Interior Features
  • Floor Covering: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • New Construction: N
    Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
    Utilities
  • Energy Source: Electric
  • Heating and Cooling: Baseboard, Wall
  • Sewer: Sewer Connected
  • Water Source: Public
  • Water/Sewer/Garbage: 2034
    Property and Assessments
  • General Zoning Classification: Multi-Family
    Lot Information
  • Lot Details: Paved Street
  • Lot Size Source: Realist
  • Parcel Number: 7227800830
Multi Family
    Building Details
  • Total Number of Parking Spaces: 12
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 1
    Financing / Income and Expenses
  • Electrical Expenses: $1,478
  • Total Expenses: $9,959
  • Gross Adjusted Income: $52,200
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $52,200
  • Insurance Expenses: $840
  • Net Operating Income: $42,241
  • Total Monthly Income: 4350
    Unit 1
  • Washer/Dryer Unit 1: Y
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: N
  • Square Feet Unit 1: 720
  • Rent Unit 1: $900
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1.0
    Unit 2
  • Washer/Dryer Unit 2: Y
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: N
  • Square Feet Unit 2: 720
  • Rent Unit 2: $1,000
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1.0
    Unit 3
  • Washer/Dryer Unit 3: Y
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: N
  • Square Feet Unit 3: 625
  • Rent Unit 3: $900
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1.0
    Unit 4
  • Washer/Dryer Unit 4: Y
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: N
  • Square Feet Unit 4: 1200
  • Rent Unit 4: $1,550
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1.0

Property History for 2906 Northeast 7th Street

DateEvent & SourcePriceAppreciationLink
May 1, 2018Sold (Public Records)

Public Record #620938259

$750,000

+10.3% / yr

May 1, 2018Sold

NWMLS #1247705

$750,000
Mar 24, 2018Pending

NWMLS #1247705

DateEvent & SourcePrice
05/01/2018
Sold (Public Records)

Public Record #620938259

$750,000

+10.3% / yr

05/01/2018
Sold

NWMLS #1247705

$750,000
03/24/2018
Pending

NWMLS #1247705

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

Public Records

Taxable ValueLand$182,000Additions$287,000Total$469,000
Tax Record2018$6,228
Home Facts
Beds7Baths4Finished Sq.Ft.3,280 SqFtStories1Lot Size11,280 SqFtStyleTriplexYear Built1943ZoningR10

Schools in Renton, WA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Highlands Elementary SchoolPublicK-50.1 mi
3
Honey Dew Elementary SchoolPublicK-50.8 mi
5
Sartori Education CenterPublic9-121.1 mi
NR
Renton Senior High SchoolPublic9-121.7 mi
3

Highlands Elementary School

K-5, 0.1 mi, Public

3

Honey Dew Elementary School

K-5, 0.8 mi, Public

5

Sartori Education Center

9-12, 1.1 mi, Public

NR

Renton Senior High School

9-12, 1.7 mi, Public

3

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.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of American Classic Homes
Listing provided courtesy of Northwest MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.