Rare brick fourplex featuring private fenced backyards for each unit-an exceptional amenity that's hard to find. This well-maintained investment property offers a strong 5.39% cap rate based on actual rental income and generates approximately $79,800 in current gross annual rent. Extensive updates include remodeled kitchens, upgraded plumbing and electrical systems, new flooring, fresh paint, improved landscaping, updated windows, and a new roof. The property is further enhanced by convenient on-site laundry facilities and benefits from stable, long-term tenants, supporting consistent cash flow. Durable materials and low-maintenance features help minimize operating costs. Each unit provides comfortable, highly marketable living space in a desirable location close to libraries, shopping, restaurants, cafes, bars, parks, and freeway access. With a Walk Score of 80, residents enjoy convenient access to a wide variety of neighborhood amenities.
| MLS # | 2546650 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 90 |
| Listing Provided By | Kelly Right RE of Seattle LLC | Sandy B. Vuong |
| SQ Feet | 2,720 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | Multi-Family |
| Acreage | 0.38 |
| Property | 12293 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Burien |
| Zip Code | 98148 |
| Area | 130 Burien | Normandy Park |
| Community Name | Burien |
| Listing VS Median (in Burien) | |
Price: $1,080,000 low | high Med: $595,000 sqft: 2,720 low | high Med: 1,900 $ / sqft: $397 low | high Med: $313 On site: 90 low | high Med: 188 | |
| State | WA |
|---|---|
| County | King |
| City | Burien |
| Zip Code | 98148 |
| Area | 130 Burien | Normandy Park |
| Community Name | Burien |
| Listing VS Median (in Burien) | |
Price: $1,080,000 low | high Med: $595,000 sqft: 2,720 low | high Med: 1,900 $ / sqft: $397 low | high Med: $313 On site: 90 low | high Med: 188 | |