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117 Wells Avenue S, Renton, WA 98057
$500,000
117 Wells Avenue S, Renton, WA 98057View this property at 117 Wells Avenue S, Renton, WA 98057
117 Wells Avenue SRentonWA98057
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Property Description
Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ individual garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build and rent these modern designed units for cash flow. Estimated gross rents $215,000 + per year. Flat building site that is currently a gravel lot. Many options with this property! Rent out existing lot, build units and cash flow or assemble additional parcels as zoning has recently been up zoned to allow for higher density and a maximum height of 95'! Renton just completed a revitalization of the downtown core w/ new streets, sidewalks, etc. Great walk score!
Full Property Details
Full Property Details for 117 Wells Ave S
General
- Sold For: $500,000
- Taxes: $2,845 (2022)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2186845
- Added to Site: 173 day(s) ago
Location
- Area: 350 - Renton/Highlands
- County: King
- Subdivision: Downtown
- Driving Directions: From 405 Take Maple Valley HWY 169 exit, follow west to Bronson Way, right on S Second Street, Right on Wells, site on left.
School Information
- High School District: Renton
Utilities
- Sewer: Available, On Property
- Water: In Street
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Structure Type: Multi Family
Lot Features
- Lot Size (Acres): 0.1379
- Lot Size (Sq. Ft.): 6,005
- Lot Size Source: Survey
- Street/Road Desc.: Paved
- Topography: Level
- Lot Features: Curbs, Paved, Sidewalk
- Zoning: CD
Financial Considerations
- Tax Amount: $2,845
- Tax Year: 2022
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 7200168
Listed by Joe A. Bernasconi | Windermere Real Estate/PSR Inc | (425) 235-7777
Sold by Nicholas T. Vilvandre | Keller Williams Downtown Sea
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Schools
Schools serving 117 Wells Ave S
School District:Renton School District
Rating | Name | Grades | Distance |
---|---|---|---|
2720 Ne 7th St, Renton, WA 98056 | K-5 | 1.3 mi | |
12320 80th Ave S, Seattle, WA 98178 | 6-8 | 1.4 mi | |
400 S 2nd St, Renton, WA 98057 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 Wells Ave S
Date
Details
Price
Change
Source
12/21/2023
Sold
$500,000
-16.66%
MLS
12/21/2023
Listed
$599,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
117 Wells Avenue S, Renton, WA 98057 (MLS# 2186845) is a Multi-Family property that was sold at $500,000 on December 21, 2023. Want to learn more about 117 Wells Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Renton? You can browse all Renton real estate or contact a Coldwell Banker agent to request more information.