$3,980,000
For Sale

17202 & 17050 Des Moines Memorial Drive S

Burien, WA 98148
1770 sqft | 10.57 acres | #2315024
Listing OfficeeXp Realty
Browse 18 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Unlock the potential of this rare 10.5-acre property, featuring two never-before-combined parcels, each with its own home, providing immediate rental income. Located within a SBA HUBZone and near the SR 509 completion project, this property offers excellent access just 15 minutes from downtown Seattle and 3 minutes from SeaTac Airport. With the imminent implementation of the Middle Housing Bill (HB 1110), the development potential far surpasses its current use. Burien’s City Comprehensive Plan encourages multifamily housing with zoning flexibility and development incentives, making this an unparalleled opportunity for forward-thinking developers. Sold as-is. Buyer to verify all details. Owner is the listing agent and a licensed WA RE agent.

  • Property Details
      • Lot DescriptionAdjacent to Public Land, Open Space, Secluded, Sidewalk, Value In Land
      • Exterior FeaturesCable TV, Fenced-Partially, Gated Entry, Hot Tub/Spa, Patio, RV Parking, Shop
      • Exterior MaterialsCement Planked, Wood Products
      • Sewer InformationAvailable, Septic Tank
      • Date ListedDecember 05, 2024
      • FoundationPoured Concrete
      • InteriorCeramic Tile
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • ViewTerritorial
      • Style52 - Duplex
      • Original List Price$3,980,000
      • Property ConditionVery Good
      • School DistrictHighline
      • Taxes Annual$11,272
      • MLS #2315024
      • Cost3980000
      • MLS #2315024
      • Utility SourcePublic
      • SubdivisionBurien
      • Structure TypeDuplex
      • Acres10.57
      • Square Feet1770
      • Year Built1947
      • CountyKing
      • Days on Market (Cumulative)48
      • Stories1
Tina LerchReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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