13204 12th Avenue SW Burien, WA $ 2,100,000
13204 12th Avenue SW
$ 2,100,000
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13204 12th Avenue SW

Burien, WA, 98146
$ 2,100,000
Baths0.0 Sq 6,245

Monthly Estimate*

$ 14,669

Listed by Paragon Real Estate Advisors
13204 12th Avenue SW, Burien, WA 98146 - Image 1
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Studio

Multi-Family Home for sale in Burien, WA

for $2,100,000. This 6,245 square foot home was built in 1988 on a lot size of 0.3065.

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 façade, 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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Multi-Family Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,570

Style

5-9 Units

Lot Size

0.3065

Year Built

1988

Town/City

Burien

County/Region

King

MLS | Web ID

2223671

Features
General
Interior Features Laminate Hardwood
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Wood Wood Products
HOA 0
Year Built 1988
View Mountain(s)
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 105680
Insurance Expense 2594
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Burien
Possible Use Multi-Family
Special Listing Conditions None
Status Active
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.
City Burien
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Highline
Open Parking Spaces 14
Total Units 8
MLS Area 130 - Burien/Normandy Park
Lot Size Square Feet 13350
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 12th
Listing Terms Cash Out Conventional
Tax Annual Amount 16570
Electric Expense 0
Fuel Expense 0
Public Remarks 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
Leasable Area 6245
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 8
Zoning Class Multi-Family
Water Sewer Garbage 14384
Property Style 55 - 5-9 Units
Cap Rate 5.03
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Interior
Flooring Laminate Stone
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Total Parking 14
Foundation Details Poured Concrete
Building Area Total 6245
Lot Size Acres 0.3065
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck
Parking Uncovered Spaces 14
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Internal Only
OriginalMLSID NWM2223671
Street Number 1 13204
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* Excluded Features
List By
Nick Hemming

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$16,050
Per Month
91%
9%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
$1,381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257587 Elementary School
257649 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$2,100,000 Listed Price

Map


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13204 12th Avenue SW, Burien, WA, 98146 is a Multi-Family Home for sale at $2,100,000 with 6,245 sqft and a lot size of 0.3065. 13204 12th Avenue SW is a studio with 0.0 baths and was built in 1988. The property's zip code is 98146 which is in Burien, WA