912 Glennwood Avenue Northeast
912 Glennwood Avenue Northeast
Renton, WA 98056
$1,400,000
Price
6
Beds
5
Baths
3,232 Sq. Ft.
$433 / Sq. Ft.
3,232
Sq. Ft.
$433
per Sq. Ft.
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Listing provided courtesy of Windermere Real Estate/PSK Inc, 5 Corners Realty LLC
Description
Introducing 912 Glennwood – a strong investment opportunity in the prime Renton/Kennydale vicinity, strategically poised near I-405 and NE Sunset Blvd. This cash-flowing 5-plex boasts exceptional monthly rents, exceeding 7K. Recent upgrades totaling over 100K, including a new roof and extensive interior remodels, ensure a contemporary and well-maintained property. The property offers assigned parking, additional guest parking, and nearby off-street parking, totaling 9 ample stalls. Featuring four...Introducing 912 Glennwood – a strong investment opportunity in the prime Renton/Kennydale vicinity, strategically poised near I-405 and NE Sunset Blvd. This cash-flowing 5-plex boasts exceptional monthly rents, exceeding 7K. Recent upgrades totaling over 100K, including a new roof and extensive interior remodels, ensure a contemporary and well-maintained property. The property offers assigned parking, additional guest parking, and nearby off-street parking, totaling 9 ample stalls. Featuring four 1-bedroom units and a 2-bedroom unit, 912 Glennwood has a low vacancy rate, housing long-term tenants on annual leases. With over 3200 SF of net rentable space, generous 6,939 SF view lot, this investment promises stable returns.
- Listed by Tyler Freed • Windermere Real Estate/PSK Inc
- Listed by Henry Youn • 5 Corners Realty LLC
Property Details for 912 Glennwood Avenue Northeast
Community Name
Highlands
School DistrictRenton
Number of Assigned Spaces9
Total Covered Parking0
Entry Date02-22-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate/PSK Inc; 5 Corners Realty LLC![]()
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LISTING UPDATED: 02/29/2024 08:11 AM
Property Details for 912 Glennwood Avenue Northeast
| Status | Active |
|---|---|
| MLS # | 2201032 |
| Days on Market | 66 |
| Cumulative Days on Market | 86 |
| Taxes | $9,360 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1942 |
| Lot Size | 0.16 AC / 6,939 SF |
| County | King County |
Location
Listing Courtesy of Windermere Real Estate/PSK Inc; 5 Corners Realty LLC![]()
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Building Information for 912 Glennwood Avenue Northeast
Stories2Residences5Year Built1942Building Size-Lot Size0.16 AC / 6,939 SF
Payment Calculator
$8,420 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,640
Property Taxes
$780
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 912 Glennwood Avenue Northeast
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Area: 350 - Renton/Highlands
- Elementary School: Highlands Elem
- Middle Or Junior School: Mcknight Mid
- High School: Renton Snr High
- Effective Year Built Source: Public Records
- Directions: Sunset Blvd exit off I-405, Head E, Turn R on Edmonds Ave NE then L on NE 9th St. Left on Glennwood Ave NE and property will be on your right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 9.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://player.vimeo.com/video/915648209?h=cf59b0004a
- Virtual Tour URL Description: Virtual Tour
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate
- Features: Laminate Hardwood
- Amenities: Coin Op Laundry
- Cooling: Yes
- Cooling: Wall Unit(s)
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Puget Sound Energy
- Sewer Company: City of Renton
- Water Company: City of Renton
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete, Slab
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- MLS Square Footage Source: Tax Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1989
- Photos Count: 21
Lot Information
- Lot Details: Paved
- Lot Size Source: Tax Records
- Parcel Number Free Text: 7227500585
- Building Condition: Good
- Calculated Square Footage: 3232
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3232.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 9
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 5
- Units Below Grade: true
- Units In Building Total: 5
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 11860
- Gross Adjusted Income: 84672
- Gross Rent Multiplier: 16.53
- Gross Scheduled Income: $84,672
- Insurance Expense: $2,500
- Net Operating Income: $72,812
- Other Expenses: $0
- Total Monthly Income: 7056
- 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: 570
- Rent Unit 1: $1,470.00
- 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: 570
- Rent Unit 2: $1,236.00
- Bedrooms Unit 2: 1
- 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: 520
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 1
- 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: 520
- Rent Unit 4: $1,420.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 650
- Rent Unit 5: $1,530.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3232.0
- Leasable Area Units: Square Feet
Property History for 912 Glennwood Avenue Northeast
| 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 912 Glennwood Avenue Northeast
Taxable ValueLand$194,200Additions$700,800Total$895,000
Tax Record2022$9,360 ($780 / month)
Home Facts
Total Finished SqFt3,230 SqFtAbove Ground SqFt3,230 SqFtStories1Lot Size6,939 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942Year Renovated1989ZoningCVCountyKINGAPN722750-0585
Schools near 912 Glennwood Avenue Northeast
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.
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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 Windermere Real Estate/PSK Inc; 5 Corners Realty LLC
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.