3 Houses & 2 Parcels, ONE PRICE! Outstanding 39%+ Flip (One CORNER LOT & All in a Convenient Location)

King County, Tukwila, WA, 98168
Sold
Listed at: December 7th, 2021
Price
$799,997
ARV
$1,656,000
Gross Margin
$856,003
Sq. Footage
860
Type
Single-Family
Parking
Assigned
Year build
1952
Lot size
1.32 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Awesome 3 houses and 2 parcels package including a corner lot! All properties are right across Gully Gardens, stores, various service firms, and very close to Riverton Park. Near Duwamish River, Foster Golf Links, and healthcare & medical centers, with several schools within 3 miles.


13311 Macadam Rd S, Tukwila, WA

HOUSE 1

  • Bedrooms: 3
  • Bathrooms: 1
  • Square feet: 860 Sq. Ft.
  • Built: 1952


HOUSE 2

  • Bedrooms: 3
  • Bathrooms: 1
  • Square feet: 1,220 Sq. Ft.
  • Built: 1918
  • Lot: 1.32 Acres


13305 Macadam Rd S, Tukwila, WA

  • Bedrooms: 2
  • Bathrooms: 1
  • Square feet: 940 Sq. Ft.
  • Built: 1918 / 1940
  • Lot: 0.72 Acres


Rehab Estimate: $195,000 (65,000 x 3 houses)

Appreciation ARV: $1,656,000 ($1,440,000 ($480,000 x 3 houses), before Holding Appreciation)

ROI: 39.64%

Cash ROI: 192.37%

Profit Analysis: $437,000

Closing date: December 25th or sooner.


Rehab Details: Interior & Exterior paint, cosmetic remodel, plumbing, and electrical.

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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