Listing Courtesy of: Northwest MLS / Windermere Real Estate/West Campus, Inc. / Stephen Janho and Sir Real Estate Services, Inc.
$962,000
12
BED
12
BATH
6,702
SQFT
  28422 16th Ave S Federal Way, WA 98003
Sold (8 Days)

Comments

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
Bathroom Details
Lot Information
  • Curbs
Property Features
  • Deck
  • Foundation: Concrete Block
Heating and Cooling
  • Wall
Flooring
  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Wall to Wall Carpet
  • Laminate Hardwood
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: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.