143 S 340 St

    Federal Way, WA 98003
    • $724,900
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 1578737
    $724,900
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $201
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Compass Washington.

    Description

    Rare opportunity to own a very profitable investment! This turn key 4-plex is ready to go. Excellent cap rate, high rents, and very low maintenance. All the hard work has been done. The property has been meticulously maintained including updates in just about every unit. New windows, tile roof, new exterior paint, wood burning fireplaces in every unit, clean, and very spacious layouts. Amazing location between Tacoma & Seattle, close to schools, recreation, and freeways. So much to offer here.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-01T00:14:56.467.

    www.roystonteam.com/homes/104217932

    143 S 340 St Federal Way, WA 98003

    • Price: $724,900
    • Status: Active
    • ID#: 1578737
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,600
    SQFT
    $201
    $/SQFT
    1977
    Built
    Neighborhood:
    Federal Way
    County:
    King
    Area:
    Dash Pt/Fed Way
    School District:
    Federal Way
    Property Description
    Rare opportunity to own a very profitable investment! This turn key 4-plex is ready to go. Excellent cap rate, high rents, and very low maintenance. All the hard work has been done. The property has been meticulously maintained including updates in just about every unit. New windows, tile roof, new exterior paint, wood burning fireplaces in every unit, clean, and very spacious layouts. Amazing location between Tacoma & Seattle, close to schools, recreation, and freeways. So much to offer here.
    Exterior Features

    Building Condition Very Good Carport Spaces 4 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Cul-de-sacDead End StreetPaved StreetSidewalk Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 2 View Territorial

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1000 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1000 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1000 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1000 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.80 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Residential Gross Adjusted Income 0 Gross Rent Multiplier 12 Gross Scheduled Income 61200 Heating Expenses 0 Hers Index 0 Home Owner Dues 3312 Insurance Expenses 392 Leased Items None Net Operating Income 43500 New Construction YN No Other Expenses 0 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Lakehaven Site Features Cable TVDeckHigh Speed Internet Tax Amount 599 Tax Year 2019 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 17709 Total Expenses TEX 17709 Total Monthly Income 5050 Unit1 Monthly Rent 1150 Unit2 Monthly Rent 1300 Unit3 Monthly Rent 1300 Unit4 Monthly Rent 1300 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Lakehaven Water Sewer Garbage 3598 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Royston Team at Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-01T00:14:56.467.

     
    The Royston Team at Keller Williams Realty
    Poulsbo WA, 98370
    Listing Courtesy of Compass Washington.