143 SW 156th Street, Burien, WA 98166

$824,000
3,173
SqFt

Listing courtesy of RE/MAX Metro Realty, Inc..

List Price
$824,000
Status
ACTIVE
MLS#
2056602
Price Change
▼ $25,000 1694480868
Days on Market
146
Style
53 - Tri-plex
Building Condition
Average
Finished SqFt
3,173
Area Total SqFt
3173
Annual Tax Ammount
7224
Lot Size (sq ft)
7,939
Sewer
Sewer Connected

Property Description

Zoned as Community Commercial (CC-2) mixed use and Designated Qualified Opportunity Zone. The property is located in area proposed for rezoning for more density. Architect’s feasibility study available indicating an unobstructed view of Mt. Rainier (buyer to verify to their satisfaction). The property is in a prime location in Sunnydale three blocks to the Five Corners anchored by PCC Market. Four blocks to the Downtown Burien core - Burien City Hall, Library, Post Office, Town Square Park, Farmer’s Market, record store, Elliot Bay Brewhouse, Cupcake Royale, Bakery Nouveau, Smarty Pants, Burien Press, restaurant row. Direct bus line access in front of the property. Professionally managed. Paved parking for 10 vehicles/RV parking.

Additional Information

List Date
2023-05-04 18:24:37
Community
Burien
Net Operating Income
$31,164
Gross Adjusted Income
$60,300
Gross Scheduled Income
$55,500
Total Monthly Income
$5,025
Insurance Expenses
$2,182
Water/Sewer/Garbage Expenses
$3,368
Gross Rent Multiplier
15.3
Total Expenses
$29,136
Cap Rate
3.67
Total Number of Units
3
Unit Name
143
Potential Terms
Cash Out, Conventional
Year Built
1954
Roof
Composition
Electric Expenses
1988
Other Expenses
12966
Energy Source
Natural Gas
School District
Highline
Total Monthly Income
$5,025
Gross Scheduled Income
$55,500
Gross Adjusted Income
$60,300
Tax Year
2022
Insurance Expense
$2,182
W/S/G Expenses
$3,368
Total Expenses
$29,136
Net Operating Income
$31,164
Gross Rent Multiplier
15.3
Cap Rate
3.67
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks