The Southcenter 4-Plex was built in 1967 in a quiet residential neighborhood directly across from Tukwila Park. It is a two story building with durable marblecrete stucco siding and has been well maintained. The current owner resides onsite and would like to sign short term lease following the closing. The building consist of a common laundry room, (3) two bedroom one bath units at approximately 945 square feet and (1) one bedroom and one bath unit approximately 830 square feet.
Each unit has a fireplace, full kitchen appliances; electric base board heating, very large decks and the top floors have vaulted ceilings. Each unit looks into a back yard area that backs into the greenbelt portion of the quaint Tukwila Park. Because of the street visibility, the quiet neighborhood environment, and close proximity to public transportation, jobs and parks; the property has had virtually no turnover during the current ownership. The last vacancy occurred near the end of 2004.
Tukwila historically has been labeled as a Boeing town. While it is still reaping the benefits of Boeings booming business, the city is quickly growing more urban. The property is located in the quickly transforming Southcenter neighborhood. The Southcenter Mall is undergoing a major update and expansion. When completed in 2008 there will be an additional 400,000 square feet of retail, as well as a three-story atrium, six signature restaurants, two major covered parking structures and a state-of-the-art 16-screen AMC theatre. Already attracting as many as 20 million shoppers a year, these updates will again make Southcenter an elite shopping destination in the Seattle area.
Equally as exciting, is the highly visible addition of the Tukwila Southcenter light rail station. For more information please go to www.soundtransit.org.
