620 SW 155th Street
Burien, WA 98166
11282 sqft | 0.34 acres | #2348726
Description
6.6%+ Proforma Cap Rate! Built in 1999, the Lake Burien Townhomes are located in the heart of Downtown Burien and offer tremendous income upside and value-add potential. The buildings offer a desirable mix of large two-bedroom and three-bedroom units that all have two-and-a-half bathrooms. All units are well-appointed and include a large private two-car garage, balconies, ample storage and walk-in closets, spacious and modern floorplans and kitchens with full appliance packages and breakfast bars. The buildings are situated on a single 15,000 square foot parcel with a central common driveway. Limited new supply and strong market demand for large, modern units make this a desirable place for tenants to live and a great investment.
Property Details
- Sewer InformationSewer Connected
- Style55 - 5-9 Units
- Date ListedApril 02, 2025
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Original List Price$2,500,000
- School DistrictHighline
- Taxes Annual$27,461
- MLS #2348726
- Cost2500000
- MLS #2348726
- Acres0.3444
- SubdivisionBurien
- Square Feet11282
- Exterior MaterialsWood
- Year Built1999
- CountyKing
- Stories3
- Days on Market (Cumulative)2
Location
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 2025-04-02 17:56:14. 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:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Ryan Iles (#NWM88839)
Listing Office: Paragon Real Estate Advisors (#NWM7086)
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