About this property

Bring your toolbelt or your architect to 75 Williams Avenue South! Situated in the heart of Downtown Renton, this property offers an exceptional opportunity for investors, flippers, or builders looking to capitalize on a prime urban location. Boasting a highly consistent and strong rental history, this property has proven its income-generating potential but is now in clear need of updates and repairs. The property is situated within the vibrant downtown core, steps away from local dining, shopping, transit, and quick access to I-405. The Center Downtown (CD) zoning allows for a highly versatile mix of high-density residential development, multi-family dwellings, or commercial uses. For those looking for even greater potential, the neighboring property at 75 Williams Avenue South is also for sale. Purchasing both adjacent parcels opens up an incredible combined footprint of over 11,600 total square feet, creating the ideal canvas for a premier mid-rise multi-family or mixed-use redevelopment project. Please note that the property is being sold strictly in its current "as-is, where-is" condition; the seller will make no repairs. Due to the property's condition, traditional financing will likely not qualify, making this ideally suited for cash buyers. Buyer to verify all information and development capacity to their own satisfaction. Sale subject to approval by King County Superior Court.