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10075 Des Moines Memorial Dr S, Burien, WA 98168
Listing courtesy of: Michael McQuaid, McQuaid Commercial RE Brokers
For Sale (MLS-listed)
$500,000

10075 Des Moines Memorial Dr S Burien, WA 98168

Beds: 6
Baths: -
Sq. Ft.: 5,376
$/Sq. Ft.: $93
Lot Size: 0.3 Acres
Property Type:Multi-Family
Style:5-9 Units
Stories:2
View(s):Territorial
Year Built: 1962
Community: Burien
County: King
MLS#: 29153275
Source: NWMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 26 days
Cumulative: 27 days
Value-add opportunity combined with a high CAP rate, low GRM and significant cash flow.

Flooring Information

  • Wall-to-Wall Carpet

Building Information

  • # of Units: 8
  • Wood Exterior
  • Composition Roof

Unit 1 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 1

Unit 4 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 4

Lot Information

  • Corner Lot
  • Lot on Dead-End Street
  • Value in Land
  • General Zoning Class: Multi-Family
  • General Zoning Class: Residential

Financial Information

  • Cash Out
  • Annual Taxes: $7,136
  • Tax Year: 2009
  • Cap Rate (NOI/LP): 7.87
  • Gross Rent Multiplier: 7
  • Gross Scheduled Income: $66,468
  • Gross Adjusted Income: $63,145
  • Net Operating Income: $39,336
  • Electrical Expenses: $317
  • Insurance Expenses: $2,600
  • Water/Sewer/Garbage Expenses: $6,156
  • Other Expenses: $7,600
  • Total Expenses: $23,809
  • Total Expenses: $23,809

Heating & Cooling

  • Baseboard Heat

Parking Information

  • # of Parking Spaces (Total): 8
  • # of Uncovered Spaces: 8

Unit 2 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 2

Unit 5 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 5

Location Information

  • Map Book: Thomas Guide
  • Burien/Normandy Park

School Information

  • School District: Highline

Utility Information

  • Energy Source: Electric
  • Public Water Source
  • Sewer Connected
  • Water Company: SPU

Property Features

  • Basement
  • Coin Operated Laundry
  • Storage
  • Cable Television
  • Partially Fenced

Unit 3 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 3

Unit 6 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $655
  • Unit Number: 6

Property Information

  • Tax ID #: 5624200748
  • Vacancy Rate: 5

Listing last changed

November 11, 2009, 12:49 PM

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Overhead View of 10075 Des Moines Memorial Dr S, Burien, WA 98168

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Property History for 10075 Des Moines Memorial Dr S

Date Event Price Appreciation Source
Nov 03, 2009 Listed $500,000 -- NWMLS #29153275

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Public Facts for 10075 Des Moines Memorial Dr S

Beds: -
Baths: -
Finished Sqft: 4704
Unfinished Sqft: -
Total Sqft: 4704
Floors: 2
Lot Size: 13,009
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1986
County: King County
APN: 5624200748
Last Updated: November 14, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $104,000
Additions $491,000
Total $595,000
Tax (2009) $7,205

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