Bought with VIP International R/E Group
$975,000
$950,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
158 S 152nd ST Burien, WA 98148
2,662 SqFt
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,662 sqft
Price per Sqft $366
Subdivision Burien
MLS Listing ID 2197502
Sold Date 03/29/24
Style 54 - 4-Plex
Year Built 1954
Annual Tax Amount $8,948
Lot Size 0.383 Acres
Property Description
This brick fourplex boasts an impressive 7% Cap rate generating a solid $83k gross annual income. With extensive remodeling kitchens, plumbing, electric, flooring, paint, bathrooms, yards, and windows. Enjoy superb tenant retention facilitated by new materials and low maintenance, ensuring a steady stream of income. Each unit is extremely marketable, offering comfortable living spaces enhanced by proximity to local amenities such as libraries, stores, cafes, bars, parks, and freeways, earning an impressive Walk Score of 80. If you've been considering entering the rental property market, look no further.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Interior Features Ceramic Tile, Laminate
Flooring Ceramic Tile, Laminate, Vinyl
Fireplace No
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Fenced-Fully, RV Parking
Waterfront No
View Y/N No
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Dead End Street, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157