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Listed by John L. Scott, Inc
$1,350,000
Est. payment /mo
3,608 SqFt
UPDATED:
11/14/2024 04:08 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,608 sqft
Price per Sqft $374
Subdivision Seattle
MLS Listing ID 2272172
Style 54 - 4-Plex
Year Built 1980
Annual Tax Amount $8,792
Lot Size 0.420 Acres
Property Description
Exceptional investment opportunity with this 4-plex on a sprawling corner lot in desirable Burien area. Generating a robust monthly income of $5,880, each unit offers 2 bedrooms and 1 bath, complete with modern amenities including a refrigerator, range, dishwasher, washer and dryer. All units feature cozy fireplaces, and have balconies and ample storage. Recent upgrades include port package windows and enhanced insulation, with two units freshly remodeled. Benefit from abundant parking with 5 carports and additional off-street spaces, plus a massive 18,295 sq. ft. lot that includes an expansive onsite shop and storage space for the owner. This is a prime income-producing property with 4% CAP rate should not to be missed.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Exterior Feature Wood
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Value In Land
Sewer Sewer Connected
New Construction No
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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