Taylor West Apartments

401 Taylor Place NW Renton, WA 98057

401 Taylor Place NW, Renton, WA, 98057
401 Taylor Place NW, Renton, WA, 98057
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,350,000
Last Verified:
Apr 15, 2019

Highlights

  • Turn-Key
  • No deferred maintenance
  • Actual 5.8% Cap
  • On site coin-op laundry facility
  • Storage
  • Two Tax Parcels
  • Upside in rental income and utility pass-through

Description

16-unit apartment complex. Meticulously cared for; this is a solid, turn-key investment property with great street appeal. Units offer spacious floor plans with separate dining areas and large private balconies; many have been updated. Onsite coin-op laundry facility, storage, & office. Covered parking spaces could be converted to garages or potentially more units? Fully occupied with quality tenants with room for upside in rents. Property consists of two lots totaling 18,089 SF, nicely landscaped with a private courtyard and located on a quiet dead-end street. Located close to downtown Renton; close to all amenities.

Renton is a city in King County, Washington, and an inner-ring suburb of Seattle. Situated 11 miles (18 km) southeast of downtown Seattle, Renton straddles the southeast shore of Lake Washington, at the mouth of the Cedar River.


Year Built: 1969
Building Size: 10943.0sq ft
Lot Size: 0.42 acres

Map of 401 Taylor Place NW, Renton, WA, 98057

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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