14643 8th Ave SW - Apartments FOR SALE


Burien, WA 98166- Downtown Burien
$999,950 USD
253-255-2342
14643 8th Ave SW, Burien, WA for Sale
$999,950 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

14643 8th Ave SW
Burien, WA 98166
Downtown Burien


HIGHLIGHTS

  • Newly installed roof, new gutters, fresh interior and exterior paint
  • Two electrical meters, two main panels, a third subpanel. New electrical panel
  • New LVP flooring, LED Lighting, Updated throughout

OVERVIEW

Excellent investment opportunity in Burien! This updated triplex offers three well-designed units, parking for 7 vehicles, a fully fenced property, outdoor patio and deck, and estimated combined rents of approximately $7,500 per month. Unit A offers 999 sq. ft. with 2 bedrooms, 1 bathroom, a covered front porch, formal dining room, patio access, new LVP flooring, cabinets, appliances, trim, doors, LED lighting, and a new electrical panel. Unit shares a laundry room with Unit B. Unit B provides 1,125 sq. ft. with 2 spacious bedrooms, 1 updated bathroom, an open floor plan, large kitchen, abundant windows, new flooring, cabinets, appliances, and upgraded dishwasher. Unit shares a laundry room with Unit A. Unit C offers 595 sq. ft. with 1 bedroom, a ¾ bath, open layout, large windows, LED lighting, electric wall heating, upgraded dishwasher, new appliances, and an in-unit washer and dryer. Updates include a newly installed roof, new gutters, and fresh interior and exterior paint. Property has two electrical meters, two main panels, and a third subpanel. Conveniently located just minutes from Maplewild Avenue Beach and Sea-Tac airport. Buyer to verify rental income and all property information. Expenses are estimated.

FOR SALE DETAILS

PRICE

$999,950 USD

PRICE/SF

$424 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,658

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

R5

APN/PARCEL ID

122800-0225

ASK ABOUT THIS PROPERTY

Vitaliy MikshanskiyJohn L. Scott Real EstateMore Info
253-255-2342

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

Vitaliy MikshanskiyJohn L. Scott Real EstateMore Info
253-255-2342

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