443 SW 154th Street, Burien, WA 98166
- $2,280,000
- 9,160
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,280,000
- List Price
- $2,350,000
- Status
- SOLD
- MLS#
- 2295635
- Closing Date
- Nov 20, 2024
- Days on Market
- 14
- Style
- 56 - 10+ Units
- Finished SqFt
- 9,160
- Area Total SqFt
- 9160
- Annual Tax Ammount
- 24590
- Lot Size (sq ft)
- 15,000
- Sewer
- Sewer Connected
Property Description
Seller Financing available to qualified buyer. The Crisjanic Apartments offer a prime value-add investment opportunity near downtown Burien. Built in 1961, this property features 1-bedroom and 2-bedroom units. Property is served with common laundry room, front courtyard, 10 carport parking spaces, and 4 open parking spaces. This is the first time Crisjanic has hit the market in over thirty years. Residents enjoy the convenience of being close to downtown Burien with all the service and businesses needed by most residents. Burien is a vibrant city known for its charming downtown area, beautiful parks, and strong sense of community. With its convenient location and growing appeal, Burien is an ideal place for both residents and investors.
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Additional Information
- List Date
- 2024-11-06 00:00:00
- Community
- Downtown Burien
- Net Operating Income
- $141,464
- Gross Adjusted Income
- $216,942
- Gross Scheduled Income
- $228,360
- Total Monthly Income
- $19,030
- Insurance Expenses
- $5,867
- Water/Sewer/Garbage Expenses
- $18,343
- Gross Rent Multiplier
- 10.29
- Total Expenses
- $75,478
- Cap Rate
- 6.02
- Vacancy Rate
- 5
- Total Number of Units
- 12
- Unit Name
- 443
- Potential Terms
- Cash Out, Conventional, Owner Financing, See Remarks
- Year Built
- 1961
- Roof
- Flat
- Site Features
- Deck, Fenced-Partially, Patio
- Other Expenses
- 26678
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $19,030
- Gross Scheduled Income
- $228,360
- Vacancy Rate
- 5
- Gross Adjusted Income
- $216,942
- Tax Year
- 2024
- Insurance Expense
- $5,867
- W/S/G Expenses
- $18,343
- Total Expenses
- $75,478
- Net Operating Income
- $141,464
- Gross Rent Multiplier
- 10.29
- Cap Rate
- 6.02
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.