Real Estate in King County
Chad and Cyndi Ohrt
206-317-4847206-317-4847
logo-icon

Real Estate in King County
Working together to achieve your dreams!

13209 12th Ave SW, Burien, WA 98146 (MLS # 1467482)

Save to Favorites
Print
Share
Listing provided by W Real Estate Services, sold by Keller Williams Rlty Bellevue

PRICE $1,215,000
BEDS 8
BATHS 6 baths
HOME SIZE 4,945 sq ft
LOT SIZE 11,220 sqft

Awesome stabilized cash flowing 4-plex in up-and-coming Burien! All units leased, 2x 1-bed (821 sf) & 2 x 3-bed (1651 sf), all units have D/W, W/D, decks / patios, and PUGET SOUND VIEWS! 5.5% cap rate, with room to grow! Burien has had the highest rent increases in the Seattle area since 2017, and is close to jobs at SeaTac airport, Boeing in Renton, and Seattle CBD, plus 5-10 min. to shops and dining in Georgetown, White Center and downtown Burien.

DAYS ON MARKET 38 LAST UPDATED 7/10/2019
YEAR BUILT 1999 COMMUNITY North Burien
COUNTY King STATUS Sold
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Highline


ADDITIONAL DETAILS
ANNUAL TAXES 8620
APN 7835800221
AREA 130 - Burien/Normandy
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 2.00, 2.00
BATHROOMS4 2.00, 2.00
BATHROOMS5 0.00, 0.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 1
BEDROOMS2 1
BEDROOMS3 3
BEDROOMS4 3
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Good
CAP RATE (NOI / LP) 5.50
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
ELECRICAL EXPENSES 1200
ENERGY SOURCE Electric
EXTERIOR Metal/Vinyl
FLOOR COVERING Laminate Tile, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Concrete Block
GENERAL ZONING Residential
GROSS ADJUSTED INCOME 80898
GROSS RENT MULTIPLIER 14
GROSS SCHEDULED INCOME 83400
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 1600
LEASED ITEMS None
LOT DETAILS Curbs
LOT DIMENSIONS 11220
NET OPERATING INCOME 64876
OFFERS Reviewed on receipt
OTHER EXPENSES 0
POSSESION Closing
POTENTIAL TERMS Cash Out, Conventional
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Deck
SQUARE FEET UNIT 1 821
SQUARE FEET UNIT 2 821
SQUARE FEET UNIT 3 1651
SQUARE FEET UNIT 4 1651
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 54 - 4-Plex
TAX YEAR 2019
TOTAL EXPENSES 16022
TOTAL MONTHLY INCOME 83400
TOTAL NUMBER OF PARKING SPACES 10
UNITS BELOW GRADE N
VACANCY RATE 3
VIEW Sound
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 Y
WATER COMPANY SPU
WATER SOURCE Public
Listing provided by W Real Estate Services, sold by Keller Williams Rlty Bellevue

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Marketplace Sotheby's International Realty and should be verified by the buyer.
DMCA Notice



62 Somewhat Walkable



 
CONTACT US ABOUT 13209 12TH AVE SW
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Chad and Cyndi Ohrt to contact you even if your name is on a Federal or State "Do not call List".

Thinking of Selling?

Contact Us
Interested in selling your home? Contact us to get a professional estimate.
Profile picture for Chad and Cyndi Ohrt
Chad and Cyndi Ohrt
Call: (206) 919-1109

Reviews

5user2493065

We have purchased (2) homes with the Chad and Cyndi. We continue to contact them to keep up on mortgage lending and the general health of the local market. We will use them again in any future real estate needs as well as recommending them to friends. We... (more)

5user7835849

I had the best experience working with the Ohrt's, both Chad and Cyndi. They came to me highly recommended, and I was not disappointed. Their negotiation skills for my new home purchase were excellent and very professional. I have already referred them to... (more)

5user8644680

We have known Chad and Cyndi for ten years and they have always been knowledgeable, responsive and professional. They helped show us homes and put in time to understand what type of home we might be interested in buying. They also were wonderful about... (more)

Review Chad and Cyndi Ohrt on Zillow.com

Twitter Feed