$2,450,000
Pending
48 Days Online
0 Beds0 Baths12,560 SQFT
Pending

1121 SW 126th Street Seattle, WA 98146

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The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 – 1-bed/1-bath units and 4 – 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!

  • Property TypeMulti-Family
  • NeighborhoodBurien
  • CountyKing
  • Taxes$31,252
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusPending
  • MLS ID Number2218767
  • Home Size Source King County Records
  • Year Built1962
  • Lot Size0.4253 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 24
  • Number of Stories 2
  • Acreage 0.4253
  • Water Public
  • Property Sub Type Multi Family
  • Foundation Slab
  • Sewer Sewer Connected
  • Lot Features Corner LotPaved
  • Parking Total 24

Interior Features

  • Cooling None
  • Heating Baseboard
  • Flooring Ceramic TileHardwoodVinylCarpet
  • Interior Ceramic TileHardwoodWall to Wall Carpet
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Built- UpFlatBuilt-Up
  • Waterfront Property No
  • Exterior BrickCement/ ConcreteCement/Concrete
  • Lot Corner LotPaved

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 130 - Burien/Normandy Park

Schools

School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify

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Monthly Payment (Est.)

$12,974
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