1033 SW 148th Street, Burien, WA 98166
- $1,020,000
- 3,516
- SqFt
Listing courtesy of eXp Realty. Selling Office: HomeSmart Real Estate Assoc.
- Sold Price
- $1,020,000
- List Price
- $1,075,000
- Status
- SOLD
- MLS#
- 2144399
- Closing Date
- Oct 31, 2023
- Days on Market
- 43
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,516
- Area Total SqFt
- 3516
- Annual Tax Ammount
- 10082
- Lot Size (sq ft)
- 7,620
- Sewer
- Sewer Connected
Property Description
Heart of Burien 4-plex in an exceptional location! All units are 2bed,1bath with washer/dryers in each unit. The park-like setting adds an escape from city living and a sense of calm as you enter the property. Professionally maintained building & potential to increase existing rents on As-Is units or do more upgrades to add your value. 2/4 units have newer cabinets & updates. One unit left vacant & move-in ready for purposes of the sale. Opportunity to bring more updates to create your own vibe & plan from the start. High walkability to coffee, restaurants, grocery, pharmacy and easy and quick access to freeways. Jump to SeaTac in approx. 10 min & DT Seattle in less than 30 min! 6 uncovered parking spaces on-site & add’l prkg on 148th.
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Additional Information
- List Date
- 2023-09-18 00:00:00
- Community
- Burien
- Net Operating Income
- $52,052
- Gross Adjusted Income
- $67,320
- Gross Scheduled Income
- $67,320
- Total Monthly Income
- $1,200
- Insurance Expenses
- $1,526
- Water/Sewer/Garbage Expenses
- $1,260
- Gross Rent Multiplier
- 15.97
- Total Expenses
- $16,468
- Cap Rate
- 4.84
- Total Number of Units
- 4
- Unit Name
- 1033
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1987
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially
- Other Expenses
- 3600
- Energy Source
- Electric
- School District
- Highline
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,200
- Gross Scheduled Income
- $67,320
- Gross Adjusted Income
- $67,320
- Tax Year
- 2023
- Insurance Expense
- $1,526
- W/S/G Expenses
- $1,260
- Total Expenses
- $16,468
- Net Operating Income
- $52,052
- Gross Rent Multiplier
- 15.97
- Cap Rate
- 4.84
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.