3216 Lake Washington Blvd N, Renton, WA 98056 | 1517369 | Berkshire Hathaway HomeServices Northwest Real Estate  

3216 Lake Washington Blvd N $2,713,000

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    3216 Lake Washington Blvd N Renton, WA 98056

    Sold
    SOLD 3/3/2020

    $2,713,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 6,384 sq. ft.
    • Multi-Family
    • Listing# 1517369
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    Views: 79

    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
      • Zoning Code Multi-Family
      • 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
      • Foundation Poured Concrete
    • 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

    Neighborhood

    98056 (Renton) Demographics

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

    Market Last 30 Days In This Postal Code

    $528,000 Median Sales Price
    25 Homes Sold
    41 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        3/3/2020 12:00:00 AM Sold Source New Value: $2,713,000
        1/8/2020 1:32:28 PM Status Changed Source New Value: Pending

        About

        Melissa Taka Kershner

        Melissa Taka Kershner

        More information about me.

        About

        Greg Bowyer

        Greg Bowyer

        More information about me.

        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. 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, 2020. 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.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.