141 S 340th St

    Federal Way, WA 98003
    • $675,000
    • STATUS: Pending
    • ON SITE: 61 days
    • ID#: 1424911
    Under Contract
    $675,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,096
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Venture Real Estate Group Llc.

    Description

    Extremely rare investment property with four unit townhouse-style property in a well maintained complex that is professionally managed. Each 2 story unit is a spacious 1024 sf with 2 beds/1.5 baths in solid condition. All units are rented. 3 out of the 4 units are under market rate. Each unit includes W/D, fireplace, private patio & parking. 4 yr old roof. Property management company handles maintenance, leasing, rent collection and bookkeeping. Easy access to I5, 99, Costco, and more!

    Monthly Payment Calculator



    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 Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-05-19T00:16:00.773.

    www.northernkeyteam.com/homes/92795925

    141 S 340th St Federal Way, WA 98003

    • Price: $675,000
    • Status: Pending
    • ID#: 1424911
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    4,096
    SQFT
    $165
    $/SQFT
    1977
    Built
    Neighborhood:
    Panther Lake
    County:
    King
    Area:
    Dash Pt/Fed Way
    School District:
    Federal Way
    Property Description
    Extremely rare investment property with four unit townhouse-style property in a well maintained complex that is professionally managed. Each 2 story unit is a spacious 1024 sf with 2 beds/1.5 baths in solid condition. All units are rented. 3 out of the 4 units are under market rate. Each unit includes W/D, fireplace, private patio & parking. 4 yr old roof. Property management company handles maintenance, leasing, rent collection and bookkeeping. Easy access to I5, 99, Costco, and more!
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Cul-de-sac Roof Torch Down Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 4 Uncovered Spaces 4 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1024 Unit1 Washer Dryer Y Unit2 Bathrooms 1.50 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1024 Unit2 Washer Dryer Y Unit3 Bathrooms 1.50 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1024 Unit3 Washer Dryer Y Unit4 Bathrooms 1.50 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1024 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 5.92 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 66131 Gross Rent Multiplier 10 Gross Scheduled Income 68177 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 600 Leased Items None Net Operating Income 39988 New Construction YN No Other Expenses 13822 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 TVPatio Tax Amount 7224 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 26143 Total Expenses TEX 26143 Total Monthly Income 5681 Unit1 Monthly Rent 1450 Unit2 Monthly Rent 1325 Unit3 Monthly Rent 1150 Unit4 Monthly Rent 1400 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company City Of Federal Way Water Sewer Garbage 4497 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Northern Key Realty | Compass Washington 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 Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-05-19T00:16:00.773.

     
    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Venture Real Estate Group Llc.