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13204 12th Ave SW

Burien, WA 98146 View Map $2,100,000 Schedule a Tour
Sq.Ft.6,245
Year1988
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

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Listing Office

Office:Paragon Real Estate Advisors

5-9 units for sale at 13204 12th Ave SW Burien, WA 130 - Burien/Normandy Park 98146, MLS#2223671


Status: Active
Property Type:5-9 Units
MLS® #:2223671
Sq. Feet:6,245
Lot Size:0.31 Acres
County:King
Built in 1988, the Castlemonte is being offered to the market for the first time. The property is well located just north of downtown Burien and has been well maintained. It comprises a main building with seven units - one penthouse unit, five spacious 2-bedroom apartments, and one studio - along with a separate single-family home. Over the years, the building has undergone tasteful updates, showcasing an attractive fa ade, a new roof, ample parking, and mature landscaping. The Castlemonte offers an investor the opportunity to acquire a well-located, easy to manage apartment community, with immediate income upside and potential to add value.

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Detailed Maps

Community Information

Address:13204 12th Ave SW, Burien, WA 98146
Area:130 - Burien/Normandy Park
County:King
City:Burien
School District:Highline
Subdivision:Burien
Zip Code:98146

Architecture

Year Built:1988
Stories:3
Possible Use: Multi-Family
Building Style: 5-9 Units
Roof: Composition
Foundation: Poured Concrete

Features / Amenities

Interior Features: Laminate Hardwood
Flooring: Laminate, Stone
Exterior Features: Wood, Wood Products
Site Features: Deck
Open Parking Spaces: 14
Parking Total: 14
Heating: Baseboard

Property Features

Lot Size: 0.31 Acres
View: Mountain(s)
Sq.Ft. Size: 6245
Lot Sq.Ft. Size: 13350
Sewer: Sewer Connected
Directions:From WA 509 S take exit S 128th St. Right on S 128th St. Left on Ambaum Way SW. Right at SW 132nd. Right on 12th Ave SW. Property is on the right.

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $16,570
Insurance Expense: $2,594
Net Income: $104,198
Listing Terms: Cash Out, Conventional
Total Monthly Income: $13,270
Net Operating Income: $104,198
Total Expenses: $47,080
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

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13204 12th Ave SW Burien,  WA 98146
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13204 12th Ave SW Burien, WA 98146
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2024. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on April 22, 2024 at 2:45 AM PST.
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