Bought with Keller Williams Realty Bothell
$1,025,000
$1,230,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
3,332 SqFt
SOLD DATE : 10/01/2021
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,332 sqft
Price per Sqft $307
Subdivision Federal Way
MLS Listing ID 1750794
Sold Date 10/01/21
Style 53 - Tri-plex
Year Built 2018
Annual Tax Amount $7,532
Lot Size 0.689 Acres
Lot Dimensions 151 x 199
Property Sub-Type Multi-Family
Property Description
Amazing investment opportunity located in the heart of busy Federal Way. Just shy of 3/4 of an acre, this parcel is home to 3 spacious single family homes and a large Warehouse! Multiple investment opportunities abound with current rents at 6300/month + potential additional development opportunity (RM3600 zoning). Two of the homes were rebuilt from the ground up in 2018 boasting open layouts, new modern designs, and higher end finishes! Interior finishes boast LVP flooring, modern kitchens with Quart countertops, and so much more! Warehouse space is under-utilized and can likely bring in much higher rents with no additional investment. Rent rolls, operating costs and income available upon request! Schedule your showing today!
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Cement Planked, Wood, Wood Products
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Deck, Fenced-Fully, Gated Entry, Outbuildings, Patio, RV Parking, Shop
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Rainier View Elem
Middle Schools Sequoyah Mid Sch
High Schools Todd Beamer High
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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