1409 Monroe Avenue NE
Renton, WA 98056

** $200K price improvement ** Income-producing $45,600 current $73,560 proforma. Consisting of three (3) detached single-family houses on a half-acre lot, this versatile SUNSET BLVD NE investment property provides savvy & opportunistic investors multiple exit strategy options including: Bringing tenant rents up to market rates; permits are ready to redevelop for 35-unit apartments & 5,000 SF commercial space; or propose live-work lofts, townhouse condos or commercial-only builds. The urban village this property is situated in, has projects under construction that would yield around 700 multifamily units, 100 townhouses & 40,000 SF retail & walking/quick drive distance to many of Renton Highlands' most popular restaurants, bars & retailers.