Listed By:
Windermere RE/South, Inc. and NWMLS
Address
216 SW 154th Street # 1-6, Burien, WA
Price
$ 2,100,000
Property Attributes
  • ID#2201086
  • TypeMulti-Family
  • CountyKING
  • CityBurien
  • AreaBurien-Normandy Park
  • NeighborhoodDowntown Burien
  • Zip98166
  • Style5-9 Units
  • Year Built1979
  • Taxes$ 16872
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6689
  • Lot Size7,501 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths, approx. 1103sq.ft, providing comfortable living spaces. Covered parking ensures convenience, rain or shine. These 2-story homes feature cozy fireplaces & dual balconies, w/d in each unit, newer appliances, paint & flooring. Close to mass transit. Low turnover rate speaks to the quality of living here, excellent long-term tenants. Consider the flexibility: With below market rents, the new owner can immediately realize a rental income increase without any extra work, also retain as individual apartments or explore the potential of an HOA & sell as individual condos. A rare opportunity awaits!!

Middle School High School
Sylvester Mid Highline High
Price History
2/20/2024 Listed $2,100,000

General Features

Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat,Torch Down
Exterior Features Stucco,Wood
Year Built 1979
Unit Number 1-6
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 64222
Insurance Expense 9885.13
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Downtown Burien
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions 1st Ave,West on 154th St,Building on North side of the street
ModificationTimestamp 2024-02-21T00:53:10.329Z
High School Highline High
City Burien
Buyer Agent Compensation 2.5
View Y/N No
Senior Community Y/N No
High School District Highline
Total Units 6
MLS Area 130 - Burien/Normandy Park
Lot Size Square Feet 7500
Waterfront Y/N No
Carport Spaces 6
Carport Y/N No
Street Name 154th
Listing Terms Cash Out,Conventional
Tax Annual Amount 16872
Electric Expense 254.4
Middle/Junior High School Sylvester Mid
Property Condition Very Good
Public Remarks Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths,approx. 1103sq.ft,providing comfortable living s
Leasable Area 9793
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Highline
Units Below Grade false
Units In Building Total 6
Zoning Class Multi-Family
Water Sewer Garbage 8906.03
Property Style 55 - 5-9 Units
Cap Rate 3.06
NWM_ShowMapLink Yes

Interior Features

Flooring Vinyl,Carpet
Total Stories 3
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric

Exterior Features

Lot Features Alley,Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 6689
Lot Dimensions 60 x 125
Lot Size Acres 0.1722
Lot Size Units Square Feet
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98166

Price
AVG $1.31M
$2.1M
Taxes
AVG $10,504
$16,872
Visits
AVG 36
59
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1979