Bought with COMPASS
$1,000,000
$975,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
21831 30th AVE S Des Moines, WA 98198
4,920 SqFt
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $203
Subdivision Des Moines
MLS Listing ID 2145544
Sold Date 10/19/23
Style 54 - 4-Plex
Year Built 1969
Annual Tax Amount $10,918
Lot Size 7,980 Sqft
Lot Dimensions 114' x 70'
Property Description
This fully occupied Des Moines 4-plex has easy access to I-5 and local employers - Seatac Airport, FAA, Alaska Airlines, etc. This property is stabilized with quality long-term tenants who consistently pay rent and is great for investors seeking consistent cash flow with low stress tenants and minimal expenses. The units were updated in the past 5-7 years and have desirable layouts with large living areas, a washer/dryer in unit, 1-1/2 baths, a kitchen w/ eating area, backyard patio access & balconies on the 2nd floor. Upstairs offers 2 bedrooms - 1 w/ a private balcony and full bath. There also exists potential for rent increases for the value-add-minded investor with limited investment into cosmetic improvements in & around the property.
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Brick, Wood
Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
Waterfront No
View Y/N Yes
View Partial, Sound, Territorial
Roof Type Composition,Flat,Torch Down
Building
Lot Description Corner Lot, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Midway Intermed
Middle Schools Pacific Mid
High Schools Mount Rainier High
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157