Federal Way, WA 98003,29003 28th PL S
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Federal Way, WA 98003,29003 28th PL S
Federal Way, WA 98003,29003 28th PL S
Federal Way, WA 98003,29003 28th PL S
Federal Way, WA 98003,29003 28th PL S
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Listed by Homes & Equity Real Estate Grp
$ 512,950
Est. payment /mo
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Active

29003 28th PL S Federal Way, WA 98003

4 Beds

3 Baths

1,680 SqFt


UPDATED:

11/19/2024 10:43 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $305

Subdivision Federal Way

MLS Listing ID 2309148

Style 52 - Duplex

Bedrooms 4

Year Built 1980

Annual Tax Amount $5,114

Lot Size 7,200 Sqft

Property Description

Excellent investment opportunity with a strong 5.9% CAP rate and $3,300 in monthly rental income with potential for future growth. This property ideally located on a quiet dead-end street, close to freeway access, the upcoming light rail station and shopping. Each townhouse style unit offers 2 bedrooms, 1.5 bathrooms, 840 square feet of living space, an attached one-car garage and a private, fully fenced backyard. Both units have an excellent rental history. One unit underwent a $40K remodel in 2015 with additional updates including appliances and a new water heater between 2018 and 2019. Month to month lease. BRING ALL OFFERS! Motivated Seller. DO NOT CONTACT TENANTS.

Location

State WA

County King

Area 110 - Dash Point/Federal Way

Interior

Interior Features Laminate Hardwood, Wall to Wall Carpet

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood

Amenities Available Fenced-Fully

Waterfront No

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Curbs, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

Jim Selden

Broker | License ID: 34685

+1(253) 279-1759

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29003 28th PL S