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.
MLS# | 2272172 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1980 |
Days On Site | 195 |
Listing Provided By | John L. Scott, Inc | Timothy F. O'Neil |
SQ Feet | 3,608 |
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Car Port | Yes |
Story(s) | 2 |
Units | 4 |
Acreage | 0.42 |
Property View | Yes |
State | WA |
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County | King |
City | Seattle |
Zip Code | 98168 |
Area | 130 Burien | Normandy Park |
Community Name | Seattle |
School District | Highline |
Listing VS Median (in Seattle) | |
Price: $1,350,000 low | high Med: $679,444 SqFt: 3,608 low | high Med: 1,656 $ / SqFt: $374 low | high Med: $428 On Site: 195 low | high Med: 64.500000 |