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  • Listed by: 

    Justin Kraft,

    Highmark Partners

    $1,142,000

    1033 SW 151st Street, Burien, WA 98166

    --beds
    --baths
    3,990sqft
    Quadruplex
    Built in 1968
    -- sqft lot
    $1,145,400 Zestimate®
    $286/sqft
    $2,136 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:47am

    Listed by:

    Justin Kraft,

    Highmark Partners

    Bought with:

    Nicholas T. Vilvandre, 107068

    Keller Williams Downtown Sea

    Source: NWMLS,MLS#: 2176793MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total structure area: 3,990
    • Total interior livable area: 3,990 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,618 sqft
    • Features: Paved, Fenced-Partially
    Details
    • Parcel number: 1900000180
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1968
    • Major remodel year: 2001

    Utilities & green energy

    • Electric: Company: Seattle City Light
    • Sewer: Sewer Connected, Company: Southwest Sewer District
    • Water: Community, Company: Highline

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Lake Burien

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 536 days
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,145,400
    2% more+ $22,908
    With Zillow Showcase(estimated)
    $1,168,308