1014 SW 154th St - Apartments FOR SALE


Burien, WA 98166- Lake Burien
$949,000 USD
206-623-8880
1014 SW 154th St, Burien, WA for Sale
$949,000 USD
Apartments - FOR SALE
1/20
null | 5.72% Cap Rate

1014 SW 154th St
Burien, WA 98166
Lake Burien


HIGHLIGHTS

  • A+ Burien Location
  • Side-By-Side Units
  • Average Unit Size: 735 SqFt.
  • Walk Score: 90 - Walker's Paradise

OVERVIEW

Perfectly situated a block from Lake Burien, just steps from the charming Olde Burien and the lively 152nd Street Retail HUB, known for its top-notch restaurants, bars, and coffee spots. This property offers a mix of two 600 sq ft one-bedroom, one-bath units and two 868 sq ft two-bedroom, one-bath units, with three of the four recently upgraded with features like stainless-steel appliances, granite countertops, modern cabinets, bathroom fans, fresh tile, and LVT hardwood floors. It boasts a large communal lawn ideal for relaxation and convenience, a private backyard courtyard with each unit having a separate entrance door, a shared laundry facility, and six off-street parking spaces. Recently upzoned for higher density, offering a prime townhome redevelopment opportunity in the future (Buyer to Verify).

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

5.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Burien Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-18

APN/PARCEL ID

192304-9240

ASK ABOUT THIS PROPERTY

David PetersenWestlake Associates, Inc.More Info
206-623-8880

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David PetersenWestlake Associates, Inc.More Info
206-623-8880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.