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13244 12th Avenue SW

Burien, WA 98146
  • $1,100,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 1957786
UPDATED: 161 min ago
$1,100,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,290
    SQFT
  • $334
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

School District:
Northwest MLS logoListing Courtesy of Sound Realty Group Inc.

Description

Solid, turn-key fourplex with plenty of room to add value. 5.6% Cap Rate, 6.4% Market Cap Rate. Or, possible condo conversion? All units are 2bed/1bath with private patio/balcony, upper units have Puget Sound views. New owner can add coin-op machines to the shared laundry room for additional income. Rents are currently below market rates and all tenants are month-to-month. Unit interiors have been updated within the last 8 years, newer windows, and newer roof. High-demand rental close to shops and restaurants, 15-minute drive to SeaTac Airport/20-minute drive to DT Seattle.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-07-04T00:14:33.37. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".

www.costelloteam.com/homes/130199001
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13244 12th Avenue SW Burien, WA 98146

  • Price: $1,100,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 161 min ago
  • ID#: 1957786
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,290
SQFT
$334
$/SQFT
1978
Built
Neighborhood:
Seahurst
County:
King
Area:
Burien/Normandy Park
School District:
Highline
Property Description
Solid, turn-key fourplex with plenty of room to add value. 5.6% Cap Rate, 6.4% Market Cap Rate. Or, possible condo conversion? All units are 2bed/1bath with private patio/balcony, upper units have Puget Sound views. New owner can add coin-op machines to the shared laundry room for additional income. Rents are currently below market rates and all tenants are month-to-month. Unit interiors have been updated within the last 8 years, newer windows, and newer roof. High-demand rental close to shops and restaurants, 15-minute drive to SeaTac Airport/20-minute drive to DT Seattle.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Mountain(S)Sound View YN Yes Waterfront YN No

Interior Features

Building Area Total 3290 Fireplace YN No Flooring LaminateVinyl Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features Laminate Hardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities StorageThermal Windows Cumulative Days On Market 0 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 62329 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 10871 Tax Year 2021 Units In Building Total 4 Utilities Sewer ConnectedElectricity Available Water Source Public Year Built Effective 2001 Zoning Class Multi-FamilyResidential Zoning Jurisdiction County

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Costello Team | Windermere Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-07-04T00:14:33.37. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".

 
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Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Northwest MLS logoListing Courtesy of Sound Realty Group Inc.