13803 Des Moines Memorial Drive S, Burien, WA 98168

$910,000
2,910
SqFt

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Listing courtesy of John L. Scott, Inc. Selling Office: Professional Realty Services.

Sold Price
$910,000
List Price
$875,000
Status
SOLD
MLS#
2192752
Closing Date
Feb 22, 2024
Days on Market
171
Style
53 - Tri-plex
Finished SqFt
2,910
Area Total SqFt
2910
Annual Tax Ammount
7240
Lot Size (sq ft)
13,200
Sewer
Sewer Connected

Property Description

Incredible investment opportunity for long-term & short-term rentals like Airbnb. Charming Multi-Family property features 3 units on a 13,200SF treed lot. Each unit offers a cozy living experience, with Unit 1 & 2 at 1,000SF & Unit 3 at 910SF. Enjoy a soothing interior w/neutral colors, elegant ceramic tile flooring, & stylish 6-panel doors. Unit 1 features a floor-to-ceiling fireplace, inviting kitchen w/granite cnrtps, white cabinetry & full-height bcksplash, dining area, primary bdrm w/ walk-in closet, an additional bdrm, 1 full bath, & a fenced backyard. Ample parking available. Close to the airport & minutes from Seattle. Nearby parks, sports fields, trails, & a community center/gym provide abundant recreation options. Don't miss this!

Additional Information

List Date
2023-09-04 00:00:00
Community
Burien
Net Operating Income
$72,000
Gross Adjusted Income
$76,680
Gross Scheduled Income
$76,680
Total Monthly Income
$4,400
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$200
Gross Rent Multiplier
76680
Total Expenses
$9,840
Cap Rate
5.5
Total Number of Units
3
Unit Name
13803
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1948
Roof
Composition
Site Features
Deck, Fenced-Fully, Patio
Energy Source
Electric
School District
Highline
Total Monthly Income
$4,400
Gross Scheduled Income
$76,680
Gross Adjusted Income
$76,680
Tax Year
2023
Insurance Expense
$2,400
W/S/G Expenses
$200
Total Expenses
$9,840
Net Operating Income
$72,000
Gross Rent Multiplier
76680
Cap Rate
5.5
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.
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