About 620 Sw 155th Street
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.
Features of 620 Sw 155th Street
| MLS® # | 2437247 |
|---|---|
| Price | $2,500,000 |
| Price Per SqFt | $222 |
| Bathrooms | 0.00 |
| Square Footage | 11,282 |
| Acres | 0.34 |
| Year Built | 1999 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 620 Sw 155th Street |
|---|---|
| Area | 130 - Burien/Normandy Park |
| Subdivision | Burien |
| City | Burien |
| County | King |
| State | WA |
| Zip Code | 98166 |
Amenities
| Parking Spaces | 18 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
Exterior
| Exterior Features | Wood |
|---|
School Information
| District | Highline |
|---|
Additional Information
| Days on Market | 26 |
|---|---|
| Cumulative Days on Market | 26 |
| Days on Website | 26 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Paragon Real Estate Advisors |
|---|
