Bought with Realty One Group Imagine
$950,000
$975,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
24022 25th ST S Des Moines, WA 98198
4,050 SqFt
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $234
Subdivision Highline
MLS Listing ID 2061001
Sold Date 06/30/23
Style 54 - 4-Plex
Year Built 1967
Annual Tax Amount $10,142
Lot Size 0.273 Acres
Property Description
Income producing, fully occupied 4-plex with below market rents. Awesome value-add opportunity for a savvy investor looking to acquire a great asset in a sought-after location, right across from Highline college! Property includes four spacious 2-bed/1-bath units with in-unit washer/dryer, dishwashers and private parking on the lot. Upstairs units offer partial views of the Puget Sound. Long term tenants pay their own electricity and a monthly flat fee for WSG. Large 11,900sqft lot and RM-2400 zoning may provide additional development potential (buyer to verify). Conveniently located near the future Des Moines light rail station, freeways, and more! This is the investment you’ve been searching for!
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Stone, Wood
Amenities Available Cable TV, Deck
Waterfront No
View Y/N Yes
View Territorial
Roof Type Torch Down
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157