14021 Ambaum Blvd SW, Burien, WA 98166

$999,000
3,696
SqFt

Listing courtesy of 360 Pacific.

List Price
$999,000
Status
ACTIVE
MLS#
1572024
Days on Market
123
Style
54 - 4-Plex
Building Condition
['Average']
Finished SqFt
3,696
Lot Size (sq ft)
8,960

Property Description

Great investment opportunity awaits in the heart of Burien/south of Seattle. This 3696 square foot 4-Plex sits on a 0.3 acre lot and features: Four 2-bdrm, 1-bath and 924 Sq ft. Close to all the restaurants, cafes, bars, library, retails, Parks and transit. Countless option with this prime location: 1. Enhancing the aesthetics of the building, increase rents 2. Rebuilt 3. Continue to maintain the property as-is and collect consistent Income.

Additional Information

List Date
2020-03-02 00:00:00
Community
Burien
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
1966
Total Parking
12
Uncovered Parking
12
View
Territorial
Exterior
Cement/Concrete, Stone, Wood, Wood Products
Roof
Flat
Site Features
Cable TV
Lot Details
Open Space, Paved Street, Sidewalk
School District
Highline
Elementary School
Seahurst Elem
Middle School
Sylvester Mid
High School
Highline High
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Vacancy Rate
3
Gross Adjusted Income
$60,000
Annual Taxes
$5,263
Tax Year
2019
Insurance Expense
$2,300
W/S/G Expenses
$3,966
Total Expenses
$12,124
Net Operating Income
$47,875
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
924
Unit 1 Rent
$1,250
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
924
Unit 2 Rent
$1,250
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
924
Unit 3 Rent
$1,250
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
924
Unit 4 Rent
$1,250
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