Ideal for 1031 Exchange Investors & Developers! 6.33 CAP RATE! Instantly generate $128,460 annual income while you pursue permits to build the max number of units under Tukwila’s new middle-housing zoning. Strong rental demand & long-term tenants at market rates located near I-5, Sea-Tac Airport, & Southcenter. This gated, park-like, income-producing property on 1.3 acres sits safely back from the Duwamish River, with a 2,400 sq ft main home plus six detached “tiny homes”. Units 1–5 were extensively remodeled in 2017 with updated plumbing, electrical, roofing, kitchens, baths, flooring, & lighting. The tiny houses offer AC, storage, covered parking or private patio, + APP-paid laundry. Recently converted to sewer with increased capacity.
