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summary_info
$975,000
Expired
1228 Benson Road S
Renton, WA 98055
2,978 square ft.
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Lisa Scivally
Cascade Properties & Invest.
425-628-0631
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Property Information
MLS #: 2128557
Original Price: $1,100,000
Status: Expired
Status Date: January 01, 2025
County: King
Area: 340 - Renton/Benson Hill
Community: Benson Hill
CDOM: 559
DOM: 559
General Information
Property Type: Multi-Family
Property Sub Type: Multi-Family
Calculated Square Footage: 2,978
Yr Built: 1962
Lot Size: 0.222 ac/9,675 sf
Lot Size Src: Appraisal
School D: Renton
Directions: From I-405 S, Exit 3 to SR-515, Right on Talbot Rd S., Right on S. Grady Way, Right on Benson Rd. S. (back entrance to Berkshire Apts) turn left before apts, past neighbor w/ equip, before dead-end.
Remarks
Fantastic Investment Opportunity for this conveniently located Renton triplex perched atop Benson Hill with views from each unit. All units have been rehabbed/remodeled, with the studio rehabbed from the studs to a contemporary design. Units A and C both have 3 bedrooms and 2 baths and in-unit laundry, along with deck and patio space. Shared backyard and driveway. Good opportunity to increase rents. This triplex is in a perfect location with high rent-ability. Easy I-405 Access close to downtown Renton and Boeing Field.
Agent/Office Information
Compensation: 2.5
Compensation Type: %
Listing Information
Units Below Grade: 1
TaxID: 2023059035
Ann Taxes: $6,561
Tax Year: 2023
Zoning: City
Snr Expt:
Form 17: Provided
Possession: Closing
Terms: Cash Out and Conventional
First Refusal: No
Auction: No
Bank/REO: No
Prlm Ttl:
3rd Prty: None
Building/Site Information
# Stories: 2
Prk Spc: 7
Ttl Rnt Sf: 2978
Style Code: 53 - Tri-plex
Bld Cond: Remodeled
# Beds Apr: 7
Roof: Composition
Foundation: Concrete Block
Exterior: Cement/Concrete and Wood Products
Sewer: Septic
View: City, Mountain, and Territorial
Lot Dtls: Alley, Dead End Street, Open Space, and Paved Street
Energy Src: Electric, Oil, and See Remarks
Gen Zone: Multi-Family
Site Features: Cable TV, Deck, and Patio
Update History
Original Price: $1,100,000
Current Price: $975,000
Price Change: $-125,000


DatePriceChange 
07/11/24$975,000$-50,000
03/20/24$1,025,000$-25,000
11/14/23$1,050,000$-50,000
06/22/23$1,100,000$0
Interior Information
Floor Cover: Laminate Hardwood, Slate, Vinyl, Vinyl Plank, and Wall to Wall Carpet
Utility Information
Power Co: PSE
Water Src: Public
Water Co: City of Renton
Financial Information
Net Op Inc: $57,759
Gr Adj Inc: $72,660
Gr Sch Inc: $72,660
Ttl Mnth Inc: $6,355
Ins Exp: $1,200
Wtr Sw Grb: $3,870
Gr Rnt Mlt: 14
Ttl Exp: $17,901
Cap Rate: 5.60%
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