Bought with Windermere R.E. Northeast, Inc
$715,000
$675,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
3,020 SqFt
SOLD DATE : 09/24/2021
Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $236
Subdivision Normandy Park
MLS Listing ID 1820925
Sold Date 09/24/21
Style 52 - Duplex
Year Built 1960
Annual Tax Amount $4,587
Lot Size 10,125 Sqft
Property Sub-Type Multi-Family
Property Description
The Duplex consists of two townhome style units with W/D's and dishwashers. Each basement has a spacious living room perfect for a home gym, game area or lounge. There is ample parking for at least 6 vehicles and two storage sheds. An investor could potentially add a fourth bedroom into the basement living spaces for maximized returns. The building just had a new roof put on and a new refreshed paint job.
The property is currently vacant and is move-in ready however, light update for the kitchens and flooring will maximize rents & push market cap rate closer to 6.5%.
Immediate access to the Normandy Park Center for all your shopping needs. Nearby the Marvista Park and has exclusive member access to Normandy Park Beach Club.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood, Wood Products
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Torch Down
Building
Sewer Sewer Connected
New Construction No
Schools
School District Highland
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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