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Listed by John L. Scott Des Moines
$ 1,188,000
Est. payment /mo
Active
505 Burnett AVE S Renton, WA 98057
0.36 Acres Lot
UPDATED:
11/19/2024 03:40 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Renton
MLS Listing ID 2292125
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $9,549
Lot Size 0.358 Acres
Property Description
Attention investors, builders and developers. Rare opportunity to acquire a level 15,600 sqft redevelopment site in the heart of downtown Renton. The property consists of two rental homes on 2 contiguous tax parcels, located just couple of blocks from main business district and rapid transit center, with an excellent 95 walk score. Highly desirable multiunit property is zoned R14, prominently occupies the SW corner of Burnett Ave S & S Fifth St, it borders a paved alley on the third side making this a relatively effortless and decidedly attractive project. Preliminary assessment indicates up to 15 townhomes can be built on this convenient site at the confluence of I-405 & SR 167. Buyers verify all information to their own satisfaction.
Location
State WA
County King
Area 360 - Skyway Area
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk
Sewer On Property
Water On Property
Schools
Elementary Schools Bryn Mawr Elem
Middle Schools Dimmitt Mid
High Schools Renton Snr High
School District Renton
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.