Property Photo: 6507 S 153rd Street WA 98188

Listing Courtesy of:

Northwest MLS / Windermere Real Estate/Psk, Inc. / Cathy Wahlin and Better Properties Kent

6507 S 153rd Street Tukwila, WA 98188

Sold (55 Days)

$950,000

3,660

SQFT

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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.

MLS #:
2240850

Taxes
$10,298(2024)

Lot Size
8,800 SQFT

Type
Multifamily

Building Name
Gundaker's Interurban

Year Built
1966

Style
4-Plex

Views
Territorial

School District
Tukwila

County
King County

Community
Tukwila

Listed By

Cathy Wahlin, Windermere Real Estate/Psk, Inc.

Bought with
Joe Franco, Better Properties Kent

Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 21 2024 at 8:30 AM GMT+0000

Bathroom Details

Interior Features

Wall to Wall Carpet

Subdivision

Tukwila

Lot Information

Paved
Dead End Street
Adjacent to Public Land

Property Features

Patio
Fenced-Partially
Deck
Cable Tv
Fireplace: 0
Foundation: Slab

Heating and Cooling

Baseboard

Flooring

Carpet
Vinyl
Slate

Exterior Features

Wood
Roof: Torch Down
Roof: Flat

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Additional Listing Info

Buyer Brokerage Compensation: 2

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 2024 11/21/24 00:30. 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.