Property Photo: 28422 16th Ave S WA 98003

Listing Courtesy of:

Northwest MLS / Windermere Real Estate/West Campus, Inc. / Stephen Janho and Sir Real Estate Services, Inc.

28422 16th Ave S Federal Way, WA 98003

Sold (8 Days)

$962,000

BED

BATH

6,702

SQFT

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Description

Extremely rare and sought after investment opportunity in an incredible location. 6 units total each 1053 square feet with 2 bedrooms and 1 1/2 baths. Units are currently leased month to month. Fantastic views of the Puget Sound and Olympic Mountains. Several units have been fully updated. Great Cap Rate with historically low (nearly zero) vacancy. Could be converted to individual condo units to sell. Vacant unit available to show with appointment only. Do not bother tenants!!!

MLS #:
912422

Taxes
$9,542(2015)

Lot Size
0.34 acres

Type
Multifamily

Year Built
1978

Style
5-9 Units

Views
Mountain, Sound, Territorial

School District
Fed

County
King Co.

Community
Federal Way

Listed By

Stephen Janho, Windermere Real Estate/West Campus, Inc.

Bought with
Michelle Eggert, Sir Real Estate Services, Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 25 2024 at 4:45 PM GMT+0000

Bathroom Details

Lot Information

Curbs

Property Features

Deck
Foundation: Concrete Block

Heating and Cooling

Wall

Flooring

Ceramic Tile
Hardwood
Laminate Hardwood
Vinyl
Wall to Wall Carpet

Exterior Features

Cement/Concrete
Wood Products
Roof: Composition

Utility Information

Utilities: Public
Sewer: Sewer Connected
Energy: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Disclaimer: Based on information submitted to the MLS GRID as of 2024 4/25/24 09:45. 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.