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  • Listed by: 

    Cathy Wahlin,

    Windermere Real Estate/PSK Inc

    $950,000

    6507 S 153rd Street, Tukwila, WA 98188

    --beds
    --baths
    3,660sqft
    Quadruplex
    Built in 1966
    -- sqft lot
    $929,100 Zestimate®
    $260/sqft
    $3,999 Estimated rent

    What's special

    Discover the potential of this charming 4-plex located in the heart of Tukwila. Three 2 BR/1 BA and One 1 bed/1 bath units are fully leased and consistently rented to present a significant upside for savvy investors. All will be MTM leases by end of July. Well maintained property has been meticulously cared for, offering a solid foundation for value-add improvements. Rents are below market giving this value-add potential by raising rents between 20-62% and continuing to improve the units. Potential for 6.9% market cap! Opportunity is knocking! Coin-op laundry, great location minutes to shopping, restaurants and freeways. For owner occupants, chance to get a residential loan and earn income on the other 3 units.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Cathy Wahlin,

    Windermere Real Estate/PSK Inc

    Bought with:

    Joseph Marcel Franco, 83760

    Better Properties Kent LLC

    Source: NWMLS,MLS#: 2240850MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Slate, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,660
    • Total interior livable area: 3,660 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Uncovered spaces: 5
    Features
    • Patio & porch: Wall to Wall Carpet
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 8,799 sqft
    • Features: Adjacent to Public Land, Dead End Street, Paved, Cable TV, Deck, Fenced-Partially, Patio
    Details
    • Parcel number: 2954900346
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Flat,Torch Down
    Condition
    • Year built: 1966

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Tukwila
    • Water: Public, Company: City of Tukwila

    Community & neighborhood

    Location
    • Region: Tukwila
    • Subdivision: Tukwila

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 326 days
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $929,100
    2% more+ $18,582
    With Zillow Showcase(estimated)
    $947,682