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1033 SW 151st Street, Burien, WA 98166
$1,142,000
1033 SW 151st Street, Burien, WA 98166View this property at 1033 SW 151st Street, Burien, WA 98166
1033 SW 151st StreetBurienWA98166
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Property Description
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.
Full Property Details
Full Property Details for 1033 SW 151st St
General
- Sold For: $1,142,000
- Taxes: $9,757 (2023)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2176793
- Added to Site: 219 day(s) ago
Interior
- Flooring: Vinyl Plank
Additional Information
- Amenities: Fenced-Partially
Parking
- Uncovered Spaces: 8
Location
- Area: 130 - Burien/Normandy Park
- County: King
- Subdivision: Lake Burien
- Driving Directions: WA-518 W from I-5 or I-405, Continue straight onto SW 148th St, 0.6 mi, Turn left onto 8th Ave SW, 0.1 mi, Turn right at the 2nd cross street onto SW 150th St 0.1 mi Turn left onto 10th Ave SW, 489 ft
School Information
- High School District: Highline
- Elementary School: Seahurst Elem
- Middle School: Sylvester Mid
- High School: Highline High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Community
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,990
- Aprox. Leasable: 3,870 Sq. Ft.
- Year Built: 1968
- Property Condition: Very Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: City
- Lot Size (Acres): 0.1749
- Lot Size (Sq. Ft.): 7,620
- Lot Size Source: public records
- Lot Features: Paved
Financial Considerations
- Tax Amount: $9,757
- Tax Year: 2023
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1900000180
Listed by Justin Kraft | Highmark Partners | (206) 895-2988
Sold by Nicholas T. Vilvandre | Keller Williams Downtown Sea
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Schools
Schools serving 1033 SW 151st St
School District:Highline School District
Rating | Name | Grades | Distance |
---|---|---|---|
14603 14th Ave Sw, Burien, WA 98166 | K-6 | 0.3 mi | |
Glacier Middle School, Seatac, WA
2450 S 142nd St, Seatac, WA 98168 | 7-8 | 2.4 mi | |
615 S 200th St, Des Moines, WA 98198 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1033 SW 151st St
Date
Details
Price
Change
Source
12/15/2023
Sold
$1,142,000
1.51%
MLS
11/01/2023
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1033 SW 151st Street, Burien, WA 98166 (MLS# 2176793) is a Multi-Family property that was sold at $1,142,000 on December 15, 2023. Want to learn more about 1033 SW 151st Street? Do you have questions about finding other Multi-Family real estate for sale in Burien? You can browse all Burien real estate or contact a Coldwell Banker agent to request more information.