Bought with Compass Washington
$598,000
$598,000
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4,360 SqFt
SOLD DATE : 10/21/2019
Key Details
Sold Price $598,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,360 sqft
Price per Sqft $137
Subdivision Boulevard Park
MLS Listing ID 1511785
Sold Date 10/21/19
Style 53 - Tri-plex
Year Built 1935
Annual Tax Amount $6,607
Lot Size 0.680 Acres
Lot Dimensions 100 X 295
Property Description
Excellent opportunity to own legal/grandfathered triplex-annexed to city of Burien. 29,600 ft2 lot-zoned RS 7.2 has 3 separate buildings consisting of a 5 br/2 ba Main House, 2 br/1ba Upper Garage Unit w/shop below and a 2 story 1 br/1ba Cottage. Each newly connected to sewer. Tenants pay electrical/garbage. All long term tenants 10yrs+ -m-2-m. Current cap rate 6.7 - Increase your return w/light reno or develop property? Buyer to cooperate w/1031 exchange. Do NOT Disturb Tenants/walk property
Location
State WA
County King
Area _130Buriennormandy
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Cement/Concrete, Metal/Vinyl, Wood
Utilities Available Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Gas Available, Shop
Waterfront No
View Y/N No
Roof Type Composition,Flat,Torch Down
Building
Lot Description Open Space, Paved
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Highline
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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