6507 S 153rd Street
Tukwila, WA 98188
3660 sqft | 0.20 acres | #2240850
Description
Discover the potential of this charming 4-plex located in the heart of Tukwila. Three 2 BR/1 BA and One 1 bed/1 bath units are fully leased and consistently rented to present a significant upside for savvy investors. All will be MTM leases by end of July. Well maintained property has been meticulously cared for, offering a solid foundation for value-add improvements. Rents are below market giving this value-add potential by raising rents between 20-62% and continuing to improve the units. Potential for 6.9% market cap! Opportunity is knocking! Coin-op laundry, great location minutes to shopping, restaurants and freeways. For owner occupants, chance to get a residential loan and earn income on the other 3 units.
Interior Details
- InteriorWall to Wall Carpet
Property Details
- Lot DescriptionAdjacent to Public Land, Dead End Street, Paved
- Exterior FeaturesCable TV, Deck, Fenced-Partially, Patio
- ViewTerritorial
- Exterior MaterialsWood
- Stories2
Measurements
- Acres0.202
- Square Feet3660
Construction Details
- Property TypeMulti-Family
- Style54 - 4-Plex
Condition
- Year Built1966
Material information
- FoundationSlab
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionTukwila
Location
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- School DistrictTukwila
- CountyKing
Financial Details
- Original List Price$995,000
- Taxes Annual$10,298
- Days on Market (Cumulative)55
Other
- MLS #2240850
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-08-26 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Cathy Wahlin (#NWM41328)
Listing Office: Windermere Real Estate/PSK Inc (#NWM6093)
Listing Courtesy (Buyer)
Buyer's Agent: Joe Franco (#NWM122535)
Buyer's Office: Better Properties Kent (#NWM1689)
