Burien, WA 98166,1033 SW 151st ST
Burien, WA 98166,1033 SW 151st ST
Burien, WA 98166,1033 SW 151st ST
14
Listed by Highmark Partners
Bought with Keller Williams Downtown Sea
$1,142,000
$1,125,000
1.5%
Est.Price: ?

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3,990 SqFt

1033 SW 151st ST Burien, WA 98166

Est. payment /mo
SOLD DATE : 12/15/2023

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Key Details

Sold Price $1,142,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,990 sqft

Price per Sqft $286

Subdivision Lake Burien

MLS Listing ID 2176793

Sold Date 12/15/23

Style 54 - 4-Plex

Year Built 1968

Annual Tax Amount $9,757

Lot Size 7,620 Sqft

Property Description

Discover an enticing investment in this Burien fourplex, nestled in the charming Lake Burien neighborhood. 1033 fourplex boasts an excellent location, well-maintained structure, and the potential for current income and future appreciation. With a current cap rate of 6.3% and a market cap rate of 6.95%, it presents an attractive opportunity for investors seeking dependable income and long-term growth. This fourplex is ideally located just two blocks from Olde Town Burien, offering walkability to an array of restaurants, shops, and services. Its proximity to both Seattle and Bellevue make it a highly sought-after property for prospective tenants. Don't miss out on this compelling investment in Burien.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Partially

Waterfront No

View Y/N Yes

View City

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Seahurst Elem

Middle Schools Sylvester Mid

High Schools Highline High

School District Highline

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Kat Delay

Team Owner / Director of Sales | License ID: 125181

+1(425) 223-1751

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