www.nwhomehunter.com/homes/82586879
34031
1st Place
S
Federal Way,
WA
98003
Neighborhood:
West Campus
Elementary School:
Panther Lake Elem
School District:
Federal Way
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.
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
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
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.