Sited just off 509 at the edge of SeaTac Airport sits 15043 8th Ave S AND 648 S 152nd Street in Burien. These two buildings include 23 studio units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, these buildings have had minimal vacancy. These two buildings present an excellent opportunity for a savvy buyer with upside potential.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Co. / Shavic Jones
$2,795,000 (USD)
Federal Way Area Multifamily
Active
30853 14th Avenue S Federal Way, WA 98003
Bed
0 Baths
9612 sqft
MLS# 2458412
Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and close to the Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Co. / Shavic Jones