Bought with eXp Realty
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Key Details
Sold Price $669,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $240
Subdivision West Campus
MLS Listing ID 1710617
Sold Date 02/02/21
Style 54 - 4-Plex
HOA Fees $677/ann
Year Built 1979
Annual Tax Amount $5,305
Lot Size 10,278 Sqft
Property Description
Great Investment opportunity! Rents have not been raised in over 1 year due to Covid-19 and all tenants are 100% current on rent payments. Rents are 20% under market. Roof replaced last year and 3 units updated in past 5 years. Windows upgraded to double-pane. HOA pays insurance. Owner pays for NO utilities. Great neighborhood, conveniently located near I-5, Schools, Shopping, Restaurants and Parks. Professional management company takes care of maintenance, leasing, books and rent collection. Perfect for out of area or even out-of-state investors looking to be hands off. Upper units have large private decks. Turn Key! Seller is a licensed agent.
Location
State WA
County King
Area _110Dashpointfeder
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric, Natural Gas Connected
Amenities Available Deck, Patio, Sprinkler System
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Panther Lake Elem
Middle Schools Illahee Jnr High
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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