216 SW 154th Street # 1-6 Burien, WA $ 2,100,000
216 SW 154th Street # 1-6
$ 2,100,000
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216 SW 154th Street # 1-6

Burien, WA, 98166
$ 2,100,000
Baths0.0 Sq 6,689

Monthly Estimate*

$ 14,669

Listed by Windermere RE/South, Inc.
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 1
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 2
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 3
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 4
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 5
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 6
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 7
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 8
216 SW 154th Street # 1-6, Burien, WA 98166 - Image 9
Studio

Multi-Family Home for sale in Burien, WA

for $2,100,000. This 6,689 square foot home was built in 1979 on a lot size of 0.1722.

Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths, approx. 1103sq.ft, providing comfortable living spaces. Covered parking ensures convenience, rain or shine. These 2-story homes feature cozy fireplaces & dual balconies, w/d in each unit, newer appliances, paint & flooring. Close to mass transit. Low turnover rate speaks to the quality of living here, excellent long-term tenants. Consider the flexibility: With below market rents, the new owner can immediately realize a rental income increase without any extra work, also retain as individual apartments or explore the potential of an HOA & sell as individual condos. A rare opportunity awaits!!

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Multi-Family Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,872

Style

5-9 Units

Lot Size

0.1722

Year Built

1979

Town/City

Burien

County/Region

King

MLS | Web ID

2201086

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat Torch Down
Exterior Features Stucco Wood
HOA 0
Year Built 1979
Unit Number 1-6
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 64222
Insurance Expense 9885.13
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Downtown Burien
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions 1st Ave West on 154th St Building on North side of the street
High School Highline High
City Burien
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Highline
Open Parking Spaces 0
Total Units 6
MLS Area 130 - Burien/Normandy Park
Lot Size Square Feet 7500
Waterfront Y/N N
Carport Spaces 6
Carport Y/N N
Street Name 154th
Listing Terms Cash Out Conventional
Tax Annual Amount 16872
Electric Expense 254.4
Fuel Expense 0
Middle/Junior High School Sylvester Mid
Property Condition Very Good
Public Remarks Welcome to the meticulously maintained 6-unit gem in the heart of Burien(With individual tax ID numbers). Each spacious unit boasts 2 bdrms & 1.5 bths approx. 1103sq.ft providing comfortable living s
Leasable Area 9793
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Highline
Units Below Grade false
Units In Building Total 6
Zoning Class Multi-Family
Water Sewer Garbage 8906.03
Property Style 55 - 5-9 Units
Cap Rate 3.06
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Interior
Flooring Vinyl Carpet
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Alley Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 6689
Lot Dimensions 60 x 125
Lot Size Acres 0.1722
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Internal Only
OriginalMLSID NWM2201086
Street Number 1 216
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* Excluded Features
List By
Dustin B. Keeth

Listing Agent

Windermere Re/South, Inc.

Broker

Affordability Calculator

$16,075
Per Month
91%
9%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
$1,406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
257587 Elementary School
257160 Middle School
Highline High High School
Pricing History
DatePricePrice ChangeDescription
2/20/2024$2,100,000 Listed Price

Map


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216 SW 154th Street # 1-6, Burien, WA, 98166 is a Multi-Family Home for sale at $2,100,000 with 6,689 sqft and a lot size of 0.1722. 216 SW 154th Street # 1-6 is a studio with 0.0 baths and was built in 1979. The property's zip code is 98166 which is in Burien, WA