$540,000
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29003 28th Place S Federal Way, WA 98003
Multi-Family
Residence
Beds
Baths
1,680
Sq. Ft.
Property Activity
Time on Site
days
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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 bedr...ooms, 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.
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MLS#
2309148
Property Type
Multi-Family
Status
Year Built
1980
Square Feet
1,680
sq. ft
Sewer
Sewer Connected
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