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14643 8th Ave SW 3 Unit Apartment Building $999,950 ($333,317/Unit) Burien, WA 98166
Investment Highlights
- Newly installed roof, new gutters, fresh interior and exterior paint
- New LVP flooring, LED Lighting, Updated throughout
- Two electrical meters, two main panels, a third subpanel. New electrical panel
Executive Summary
Excellent investment opportunity in Burien! This updated triplex offers three well-designed units, parking for 7 vehicles, a fully fenced property, outdoor patio and deck, and estimated combined rents of approximately $7,500 per month. Unit A offers 999 sq. ft. with 2 bedrooms, 1 bathroom, a covered front porch, formal dining room, patio access, new LVP flooring, cabinets, appliances, trim, doors, LED lighting, and a new electrical panel. Unit shares a laundry room with Unit B. Unit B provides 1,125 sq. ft. with 2 spacious bedrooms, 1 updated bathroom, an open floor plan, large kitchen, abundant windows, new flooring, cabinets, appliances, and upgraded dishwasher. Unit shares a laundry room with Unit A. Unit C offers 595 sq. ft. with 1 bedroom, a ¾ bath, open layout, large windows, LED lighting, electric wall heating, upgraded dishwasher, new appliances, and an in-unit washer and dryer. Updates include a newly installed roof, new gutters, and fresh interior and exterior paint. Property has two electrical meters, two main panels, and a third subpanel. Conveniently located just minutes from Maplewild Avenue Beach and Sea-Tac airport. Buyer to verify rental income and all property information. Expenses are estimated.
Property Facts
| Price | $999,950 | Building Class | C |
| Price Per Unit | $333,317 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,360 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R5 - 7 parking spaces | ||
| Price | $999,950 |
| Price Per Unit | $333,317 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,360 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Opportunity Zone |
Yes |
| Zoning | R5 - 7 parking spaces |
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 999 |
| 2+1 | 2 | - | 1,125 |
| 1+1 | 3 | - | 595 |
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
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14643 8th Ave SW