Bought with The Foundation Group LLC
$1,360,000
$1,450,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
5,429 SqFt
SOLD DATE : 01/22/2024
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,429 sqft
Price per Sqft $250
Subdivision Tukwila
MLS Listing ID 2180682
Style 55 - 5-9 Units
Year Built 1970
Annual Tax Amount $9,633
Lot Size 0.535 Acres
Property Sub-Type Multi-Family
Property Description
Located in the vibrant city of Tukwila, this 7-unit Multifamily property presents an opportunity for savvy investors seeking to capitalize on the region's growing rental market. This property is comprised of a SFH, a Triplex, a Duplex, and a charming Cottage, offering a diverse mix of rental options to cater to a wide range of tenants. There is ample parking, ensuring convenience for residents and eliminating the hassle of street parking. Moreover, the property offers the potential to increase total rental income by 16% providing a substantial boost to your investment returns.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Flooring Laminate, Vinyl Plank, Carpet
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Fully
View Y/N No
Roof Type See Remarks
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Thorndyke Elem
Middle Schools Showalter Mid
High Schools Foster Snr High
School District Tukwila
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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