505 Burnett Avenue S
Renton, WA 98057
0.36 acres | #2292125
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.
Property Details
- Lot DescriptionAlley, Corner Lot, Curbs, Paved, Sidewalk
- Utility FeaturesElectricity Connected, Natural Gas Available
- Style40 - Res-Less thn 1 Ac
- Date ListedSeptember 18, 2024
- SubdivisionDowntown Renton
- High SchoolRenton Snr High
- Elementary SchoolBryn Mawr Elem
- Sewer InformationOn Property
- Utility SourceOn Property
- Middle SchoolDimmitt Mid
- Structure TypeUnspecified
- Original List Price$1,188,000
- Property TypePurchase
- MLS #2292125
- Cost1188000
- MLS #2292125
- Acres0.3581
- School DistrictRenton
- Taxes Annual$9,549
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)92
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-18 19:40:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Paul Lau (#NWM35682)
Listing Office: John L. Scott Des Moines (#NWM1203)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.