620 SW 155th Street, Burien, WA 98166 (MLS # 2348726)
Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors
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6.6%+ Proforma Cap Rate! Built in 1999, the Lake Burien Townhomes are located in the heart of Downtown Burien and offer tremendous income upside and value-add potential. The buildings offer a desirable mix of large two-bedroom and three-bedroom units that all have two-and-a-half bathrooms. All units are well-appointed and include a large private two-car garage, balconies, ample storage and walk-in closets, spacious and modern floorplans and kitchens with full appliance packages and breakfast bars. The buildings are situated on a single 15,000 square foot parcel with a central common driveway. Limited new supply and strong market demand for large, modern units make this a desirable place for tenants to live and a great investment.
LAST UPDATED | 4/2/2025 | TRACT | Burien |
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YEAR BUILT | 1999 | COMMUNITY | Burien |
COUNTY | King | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 130 - Burien/Normandy Park |
CONSTRUCTION | Wood Siding |
HEAT | Electric, Forced Air |
LOT | 0.3444 acre(s) |
MLS STATUS | Active |
STORIES | 3 |
STYLE | 55 - 5-9 Units |
SUBDIVISION | Burien |
TAXES | 27461 |
UTILITIES | Sewer Connected |
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/3/25 4:34 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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