6507 S 153rd Street Tukwila, WA 98188
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.
- Property TypeMulti-Family
- NeighborhoodTukwila
- CountyKing
- Taxes$10,298
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusPending
- MLS ID Number2240850
- Home Size Source Public Records
- Year Built1966
- Lot Size0.202 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Number of Stories 2
- Acreage 0.202
- Water Public
- Security Fully Fenced
- Property Sub Type Multi Family
- Foundation Slab
- Sewer Sewer Connected
- Lot Features Adjacent to Public LandDead End StreetPaved
- Parking Total 5
Interior Features
- Cooling None
- Heating Baseboard
- Flooring SlateVinylCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof FlatTorch Down
- View Territorial
- Waterfront Property No
- Exterior Wood
- Lot Adjacent to Public LandDead End StreetPaved
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 130 - Burien/Normandy Park
- Security Features Fully Fenced