81 Southwest 2nd Street
81 Southwest 2nd Street
Renton, WA 98057
$1,325,000
Last Sold Price
7
Beds
4
Baths
2,912 Sq. Ft.
$455 / Sq. Ft.
2,912
Sq. Ft.
$455
per Sq. Ft.
Sold 8/5/22
Virtual Tour
Sold 8/5/22
Virtual Tour
Listing provided courtesy of William E. Johnson, The Foundation Group LLC
Description
Fully remodeled Triplex with excellent cash flow & upside potential. One-of-a-kind design & layout; all 3 units are situated in the corner with 3 sides detached. The building consists of one large two-level townhouse style unit with 3 BR/2ba and two 2BR/1ba units plus storage. All units have a highly desirable open floorplan with abundant natural light, a fireplace, in-unit W/D, and assigned parking. Tenants pay for all utilities and lawn maintenance. Easy to manage and easy to rent. Huge backyard...Fully remodeled Triplex with excellent cash flow & upside potential. One-of-a-kind design & layout; all 3 units are situated in the corner with 3 sides detached. The building consists of one large two-level townhouse style unit with 3 BR/2ba and two 2BR/1ba units plus storage. All units have a highly desirable open floorplan with abundant natural light, a fireplace, in-unit W/D, and assigned parking. Tenants pay for all utilities and lawn maintenance. Easy to manage and easy to rent. Huge backyard offers a possibility for expansion. Centrally located within a short distance of Seattle, Bellevue, SeaTac, and major employers. Don't miss the opportunity to own a cash-generating asset in pristine condition to hedge against inflation.
- Listed by Bill Johnson • William E. Johnson
Property Details for 81 Southwest 2nd Street
Community Name
Renton
School DistrictRenton
Number of Assigned Spaces6
Total Covered Parking0
Entry Date05-21-2022
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of William E. Johnson![]()
Sold By The Foundation Group LLC
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LISTING UPDATED: 08/06/2022 11:44 AM
Property Details for 81 Southwest 2nd Street
| Status | Sold |
|---|---|
| MLS # | 1937184 |
| Days on Market | 63 |
| Cumulative Days on Market | 63 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1960 |
| Lot Size | 0.18 AC / 7,777 SF |
| County | King County |
Location
Listing Courtesy of William E. Johnson![]()
Sold By The Foundation Group LLC
Add your commute
Virtual Tour
Building Information for 81 Southwest 2nd Street
Stories2Residences4Year Built1960Building Size-Lot Size0.18 AC / 7,777 SF
Payment Calculator
$7,931 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,231
Property Taxes
$700
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 81 Southwest 2nd Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 340 - Renton/Benson Hill
- Directions: From 405, exit 2, north rainier ave s, turn left on SW Sunset Blvd. Turn north on Hardie Ave SW, turn left on SW @nd St. Triplex on left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=Nq6T6hJbzHk
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Features: Forced Air
- Amenities: Storage,Thermal Windows
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Brick, Wood
- Roof: Composition
Property
Utilities
- Heating and Cooling: Baseboard,Forced Air
- Water/Sewer/Garbage: 0
- Power Production Type: Electric, Natural Gas
- Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
- New Construction YN: No
- First Right Of Refusal: false
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 23
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 1823059190
- Calculated Square Footage: 2912
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2912.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 0
- Gross Adjusted Income: 82740
- Gross Rent Multiplier: 15.6
- Gross Scheduled Income: $82,740
- Insurance Expense: $0
- Net Operating Income: $75,837
- Other Expenses: $0
- Total Monthly Income: 6895
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1400
- Rent Unit 1: $2,575.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 900
- Rent Unit 2: $2,185.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 900
- Rent Unit 3: $2,135.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3400.0
- Leasable Area Units: Square Feet
Property History for 81 Southwest 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 81 Southwest 2nd Street
Taxable ValueLand$263,000Additions$602,000Total$865,000
Tax Record2022$8,398 ($700 / month)
Home Facts
Baths3.8Total Finished SqFt3,860 SqFtAbove Ground SqFt2,750 SqFtFinished Basement SqFt1,110 SqFtStories1Lot Size7,777 SqFtStyleTriplexYear Built1960ZoningR-10CountyKINGAPN182305-9190Fireplace TypeHas Fireplace
Schools near 81 Southwest 2nd Street
This home is within Renton School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Bryn Mawr Elementary School PublicK to 5 | ||
Dimmitt Middle School Public6 to 8 | ||
Renton Senior High School Public9 to 12 | ||
Renton Online School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of William E. Johnson
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.