440 SW 155th Street Burien, WA 98166
440 SW 155th Street
Burien, WA 98166
$1,900,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Mary Cate Apartments is located in a high demand area with all heavy lifting done! Brand new TPO roof, new hardi siding and new exterior paint in 2024, 6 out of 8 units beautifully renovated. A savvy investor can achieve an above-market return immediately, by renovating the remaining 2 units to stabilize at a cash-on-cash return exceeding 7% and an internal rate of return (IRR) of 20%. Located just blocks from restaurants, shopping, and grocers. Mary Cate is ideally positioned for tenants and comprises four 605-square-foot one-bedroom/one-bath units and four 805-square-foot two-bedroom/one-bath units. Each unit features spacious layouts, patios or balconies, access to onsite common laundry, and twelve dedicated onsite parking spaces.
Property Features
Community: Burien
5-9 Units
Exterior: Wood
Roof: Flat
Year Built: 1977
2025 Taxes: $15682.00
Buyer Broker Comp.: 2.5%
Listing #: 2443308
Lot Details
Lot Size: 0.17 acres
No. of Units: 8
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Schools
District: Highline
Call or Email:
Grace Wamwere
What's Near 440 SW 155th Street Burien, WA 98166?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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