Bought with Best Choice Realty LLC
$635,000
$650,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
2237 S 333rd ST #A-D Federal Way, WA 98003
3,328 SqFt
Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $190
Subdivision Federal Way
MLS Listing ID 1390122
Sold Date 02/08/19
Style 54 - 4-Plex
Year Built 1985
Annual Tax Amount $6,076
Lot Size 0.649 Acres
Property Description
FOURPLEX. 7% current cap rate; easily get to 8% with market rents. FUTURE DEVELOPMENT POTENTIAL: parcel size(.65 Acre) & zoning would allow for 4 additional units to be constructed on the lot. Each unit is 2bed/1bath with balcony/patio, individual storage, & washer/dryers. This is a solid, turn-key investment property; fully occupied & producing good cash-flow! 3/4 units have been completely remodeled with new kitchens/baths/flooring etc. High-demand rental close to fwy access & amenities.
Location
State WA
County King
Area _110Dashpointfeder
Interior
Interior Features Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Amenities Available Deck, Fenced-Partially, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Open Space, Paved
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Federal Way
Others
Acceptable Financing Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash Out, Conventional, FHA, Private Financing Available, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157