Provided by NWMLS, Listed by eXp Realty
Pending
1121 SW 126th Street
Seattle WA, 98146
$2,450,000
$195.06 per sqft
Pending
12,560 sqft
Multi-family
Built in 1962
The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 - 1-bed/1-bath units and 4 - 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!
2218767
MLSⓇ ID
April 4, 2024
Listed
April 20, 2024
Updated
Map
1121 SW 126th Street
Seattle WA, 98146
Interior Features
Total Stories
2
Interior Features
Ceramic Tile, Hardwood, Wall to Wall Carpet
Floor Description
Ceramic Tile, Hardwood, Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.43 Acres
Exterior Features
Brick, Cement/Concrete
Lot Features
Corner Lot, Paved
Roof
Built-Up, Flat
Sewer
Sewer Connected
School Information
School District
Highline
High School
Buyer To Verify
Elementary School
Buyer To Verify
Other Property Details
Area Name
130 - Burien/Normandy Park
Taxes
$31,252
Tax Frequency
Annually
Garage
No
Parking Total
24
View
No
County
King
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
4/20/2024 | Pending | — |
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/6/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/6/2024 at 3:00 PM UTC