Listed By:
John L. Scott, Inc and NWMLS
Address
158 S 152nd Street, Burien, WA
Price
$ 950,000
Property Attributes
  • ID#2197502
  • TypePending
  • CountyKING
  • CityBurien
  • AreaBurien-Normandy Park
  • NeighborhoodBurien
  • Zip98148
  • Style4-Plex
  • Year Built1954
  • Taxes$ 8948
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2662
  • Lot Size0.3834 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

This brick fourplex boasts an impressive 7% Cap rate generating a solid $83k gross annual income. With extensive remodeling kitchens, plumbing, electric, flooring, paint, bathrooms, yards, and windows. Enjoy superb tenant retention facilitated by new materials and low maintenance, ensuring a steady stream of income. Each unit is extremely marketable, offering comfortable living spaces enhanced by proximity to local amenities such as libraries, stores, cafes, bars, parks, and freeways, earning an impressive Walk Score of 80. If you've been considering entering the rental property market, look no further.

Price History
2/12/2024 Listed $950,000

General Features

Interior Features Ceramic Tile,Laminate
Sewer Sewer Connected
Possession Closing,Tenant's Rights
Roof Composition
Exterior Features Wood
Year Built 1954
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 63676
Insurance Expense 1200
New Construction No
Property Type Residential Income
Subdivision Name Burien
Special Listing Conditions None
Status Pending Inspection
Directions Opposite Highline Senior High school on 152nd.
City Burien
View Y/N No
Senior Community Y/N No
High School District Highline
Open Parking Spaces 6
Total Units 4
MLS Area 130 - Burien/Normandy Park
Lot Size Square Feet 16699
Waterfront Y/N No
Carport Y/N No
Street Name 152nd
Tax Annual Amount 8948
Electric Expense 1140
Public Remarks This brick fourplex boasts an impressive 7% Cap rate generating a solid $83k gross annual income. With extensive remodeling kitchens,plumbing,electric,flooring,paint,bathrooms,yards,and windows. Enjo
Leasable Area 2662
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5136
Property Style 54 - 4-Plex

Interior Features

Flooring Ceramic Tile,Laminate,Vinyl
Total Stories 1
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

Parking Features RV Parking
Lot Features Dead End Street,Sidewalk
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2662
Lot Size Acres 0.3834
Lot Size Units Square Feet
Open Parking Y/N Yes
Irrigation Water Rights Y/N No
Site Features Cable TV,Fenced-Fully,RV Parking
Parking Uncovered Spaces 6

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 Pending Average in 98148

Price
AVG $870K
$950K
Taxes
AVG $8,301
$8,948
Visits
AVG 105
38
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1954

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