Bought with Momentum Venture Partners LLC
$815,000
$815,000
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4 Beds
3 Baths
2,260 SqFt
SOLD DATE : 10/31/2024
Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $360
Subdivision Boulevard Park
MLS Listing ID 2269551
Sold Date 10/31/24
Style 52 - Duplex
Bedrooms 4
Year Built 1948
Annual Tax Amount $6,401
Lot Size 0.339 Acres
Property Description
The Rainier Golf Fourplex offers the chance to purchase two side-by-side duplexes with garage access. This lot is prime for future redevelopment. Please review the marketing package found in the supplemental documents for further details. • Strong redevelopment opportunity with intermediate value-add investment potential • Insurance Bid in-hand for next Buyer • RM-48 Zoning allows for 48 Units or Townhomes per net acre • Density allows for the development of 16 Townhomes (Buyer to verify) • Easy Access to cities of Burien, SeaTac and Seattle • Located on Metro Busline and within close proximity to the Light Rail Stations • Close proximity to major roadways of Hwy 509, Hwy 99 and Interstate 5
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street
Sewer Sewer Connected
New Construction No
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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