3216 Lake Washington Blvd N $2,888,000

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    3216 Lake Washington Blvd N Renton, WA 98056

    • 0 Beds
    • 0 Baths
    • 6,384 sq.ft.
    • Multi-Family
    Listing# 1517369 | Pending
    Days On Market: 34 5 Views
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    Property Details

    Lake View Apartments, a charming 8 unit building next to the shores of Lake WA & down the street from the Seahawks training facility. First time on the market in over 57 years. There is an opportunity to significantly increase revenue by bringing rents up to market value! Building offers 16 onsite parking spaces, patios, view decks & courtyard. All units incl microwave, stove, fridge & washer/dryer. Easy access to freeways, new Eastside Rail Trail, The Landing, Boeing, T-Mobile, SeaTac airport.

    • General Features
      • County King
      • County King
      • Lot Details Paved Street
      • Lot Square Footage 13,920
      • Number of Stories 2
      • Number of Units 8
      • Site Features Deck, Patio
      • Style 55-5-9 Units
      • View City, Lake, Mountain, Territorial
      • Year Built 1960
    • Building Features
      • Roof Compostion
      • Exterior Brick, Wood
      • Amenities Thermal Windows
      • Approx SqFt 6,384
      • Floor Covering Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $10,900
      • Net Operating Income $100,096
      • Gross Scheduled Income $130,800
      • Gross Adjusted Income $130,800
      • Total Expenses $30,704
      • Other Expenses $5,000
      • Insurance Expenses $3,500
      • Expenses $30,704
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 22
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $18,004
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company City of Renton
      • Sewer Company Sewer Connected
    • Schools
      • School District Renton
      • Senior High Hazen Snr High
      • Junior High Mcknight Mid
      • Elementary School Kennydale Elem

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    Neighborhood

    98056 (Renton) Demographics

    37Median Age
    4,668Population Density (per sq. mile)
    49%College Educated
    $75,695 Estimated Median Income
    7,348Estimated Total Home Owners
    6,482Estimated Total Renters
    53% / 47%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    35,140Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $447,000 Median Sales Price
    35 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,888,000
        9/28/2019 4:51:20 PM Status Changed Source New Value: Pending
        9/12/2019 4:51:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.