34031 1st Place S

    Federal Way, WA 98003
    • $599,950
    • STATUS: Pending
    • ON SITE: 7 days
    • ID#: 1274147
    Under Contract
    UPDATED: 40 min ago
    $599,950
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Information

    Elementary School:
    School District:
    Listing Courtesy of Keller Williams Tacoma.

    Description

    Great investment. Turn-key 4plex. Property Mgmt on site. All are 2 bdrm 1 bath incl. W/D fireplace appliances and assigned covered parking w/ 2guest parking. Roof less than 10 years old. Long term tenants. Three of four units are currently month-to-month, with room to increase the rents to market value. Excellent area EZ access to shopping, I-5, schools and bus. Do not disturb tenants.Offers: Seller intends to review offers upon receipt.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-21T12:16:23.767.

    www.nwhomehunter.com/homes/82586879

    34031 1st Place S Federal Way, WA 98003

    • Price: $599,950
    • Status: Pending
    • Updated: 40 min ago
    • ID#: 1274147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    3,600
    SQFT
    $167
    $/SQFT
    1979
    Built
    Neighborhood:
    West Campus
    County:
    King
    Area:
    Dash Pt/Fed Way
    Elementary School:
    Panther Lake Elem
    School District:
    Federal Way
    Property Description
    Great investment. Turn-key 4plex. Property Mgmt on site. All are 2 bdrm 1 bath incl. W/D fireplace appliances and assigned covered parking w/ 2guest parking. Roof less than 10 years old. Long term tenants. Three of four units are currently month-to-month, with room to increase the rents to market value. Excellent area EZ access to shopping, I-5, schools and bus. Do not disturb tenants.Offers: Seller intends to review offers upon receipt.
    Exterior Features

    Building Condition Good Carport Spaces 4 Exterior WoodWood Products Foundation Poured ConcreteSee Remarks Garage Spaces 0 Lot Details Cul-de-sacCurbsDead End StreetPaved StreetSidewalk Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 2

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 900 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 900 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 900 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 900 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Playground Bank Owned No Cap Rate 3.40 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 38220 Gross Rent Multiplier 15 Gross Scheduled Income 39000 Heating Expenses 0 Hers Index 0 Home Owner Dues 8134 Insurance Expenses 804 Leased Items None Net Operating Income 20447 New Construction YN No Other Expenses 9924 Possession ClosingSee RemarksSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeck Tax Amount 6265 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 16993 Total Expenses TEX 16993 Total Monthly Income 3250 Unit1 Monthly Rent 800 Unit2 Monthly Rent 750 Unit3 Monthly Rent 770 Unit4 Monthly Rent 930 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 2 Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-21T12:16:23.767.

     
    Keller Williams Realty Greater Seattle
    1307 N 45th St Suite 300
    Seattle WA, 98103
    Listing Courtesy of Keller Williams Tacoma.