Bought with The Foundation Group LLC
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20005 1st AVE S Normandy Park, WA 98198
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Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,180 sqft
Price per Sqft $254
Subdivision Normandy Park
MLS Listing ID 1369688
Sold Date 01/02/19
Style 53 - Tri-plex
Year Built 1981
Annual Tax Amount $7,814
Lot Size 0.396 Acres
Property Sub-Type Multi-Family
Property Description
The Normandy Park Triplex is severely under market on rents, but makes for a perfect owner occupant or first time investor. Renovating units will push cap rate to over 6%. Property boasts convenient location next to shopping, groceries, and restaurants as well as membership access to beach club. Very limited supply of investment properties in Normandy Park. Roof and windows less than 10 years old with new paint job.
Units are spacious and have incredible potential with fireplaces &skylights
Location
State WA
County King
Area _130Buriennormandy
Interior
Interior Features Laminate Hardwood
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Highline
Others
Acceptable Financing Conventional
Listing Terms Conventional
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