505 Burnett Avenue S - Renton, WA 98057$1,188,000

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.