Federal Way, WA 98003,28600 25th PL S
Federal Way, WA 98003,28600 25th PL S
Federal Way, WA 98003,28600 25th PL S
24
Listed by Every Door Real Estate
Bought with Bricksfolios RE Solutions
$700,000
$748,000
6.4%
Est.Price: ?

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2,080 SqFt

28600 25th PL S Federal Way, WA 98003

Est. payment /mo
SOLD DATE : 06/09/2023

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Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $336

Subdivision Central Federal Way

MLS Listing ID 2058037

Sold Date 06/09/23

Style 52 - Duplex

Year Built 1968

Annual Tax Amount $5,208

Lot Size 7,333 Sqft

Property Description

Rare investment opportunity in a highly-desirable area close to I-5, shopping centers, public transit. Perfect rental neighborhood that is walkable and also car friendly with plenty of parking. Great for commuters heading north to Seattle/Bellevue or south to Tacoma. Property is completely turn-key with everything updated and ready to rent. Individually metered with shared laundry room in middle. 7.13% cap rate with no upcoming maintenance/CapEx. Vacant units give you multiple options to either long term rent or Airbnb. Buyer can even live in one and rent the other for an amazing house hack! Positive cash flow for anyone's portfolio. Come check it out today!

Location

State WA

County King

Area 110 - Dash Point/Federal Way

Interior

Interior Features Laminate Hardwood

Flooring Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Cable TV, Fenced-Fully, High Speed Internet

Waterfront No

View Y/N Yes

View Territorial

Roof Type Composition,Flat,Torch Down

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

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Northwest MLS (NWMLS)

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Sean Winkler

Broker | License ID: 129882

+1(425) 750-5007

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