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28641 16th Avenue S

Federal Way, WA 98003
  • $1,195,000
  • STATUS: Pending
  • ON SITE: 102 Days
  • ID#: 2038539
Under Contract
UPDATED: 11 min ago
$1,195,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,920
    SQFT
  • $305
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Skyline Properties, Inc.. Sold by .

Description

Located in a nice quiet area near the heart of Federal Way while harvesting the appreciation of the city! Having access near Redondo beach while being next to all the desirable conveniences makes this place easy to rent out. Each unit average $2,050 in rents with all newer signed year leases! Tenants are awesome, cooperative and enjoys their living. A new owner can have peace of mind with a steady cash-flowing investment even with today's current interest rates. Each unit offers a spacious 980 square with 2 bedrooms, 1.75 bathrooms, washer and dryer hookups, and a private balcony with a view. Put more down payment to collect higher cash on cash returns!

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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 Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-10T20:14:39.46. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-10T20:14:39.46. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kwbellingham.net/homes/137291503
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28641 16th Avenue S Federal Way, WA 98003

  • Price: $1,195,000
  • Status: Pending
  • On Site: 102 Days
  • Updated: 11 min ago
  • ID#: 2038539
0
Beds
0
Baths
0
½ Baths
0.32
Acres
3,920
SQFT
$305
$/SQFT
1979
Built
Neighborhood:
Redondo
County:
King
Area:
120Desmoinesredondo
Elementary School:
Woodmont Elem
Middle School:
Sacajawea Jnr High
High School:
Federal Way Snr High
School District:
Federal Way
Property Description
Located in a nice quiet area near the heart of Federal Way while harvesting the appreciation of the city! Having access near Redondo beach while being next to all the desirable conveniences makes this place easy to rent out. Each unit average $2,050 in rents with all newer signed year leases! Tenants are awesome, cooperative and enjoys their living. A new owner can have peace of mind with a steady cash-flowing investment even with today's current interest rates. Each unit offers a spacious 980 square with 2 bedrooms, 1.75 bathrooms, washer and dryer hookups, and a private balcony with a view. Put more down payment to collect higher cash on cash returns!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features Dead End StreetPaved Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Sound View YN Yes Waterfront YN No

Interior Features

Building Area Total 3920 Cooling None Cooling YN No Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Baseboard Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association YN No Cumulative Days On Market 46 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 82682 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-Family Power Company Pse Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Lakehaven Site Features Deck Special Listing Conditions None Tax Annual Amount 8898 Tax Year 2023 Units In Building Total 4 Water Company Lakehaven Water Source Public Year Built Effective 1996 Zoning Class Multi-Family



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 Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-10T20:14:39.46. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-10T20:14:39.46. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Skyline Properties, Inc.. Sold by .