Federal Way, WA 98003,28641 16th AVE S
Federal Way, WA 98003,28641 16th AVE S
Federal Way, WA 98003,28641 16th AVE S
18
Listed by Skyline Properties, Inc.
Bought with Skyline Properties, Inc.
$1,150,000
$1,195,000
3.8%
Est.Price: ?

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3,920 SqFt

28641 16th AVE S Federal Way, WA 98003

Est. payment /mo
SOLD DATE : 06/28/2023

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Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $293

Subdivision Redondo

MLS Listing ID 2038539

Sold Date 06/28/23

Style 54 - 4-Plex

Year Built 1979

Annual Tax Amount $8,898

Lot Size 0.315 Acres

Property Description

Located in a nice quiet area near the heart of Federal Way while harvesting the appreciation of the city! Having access near Redondo beach while being next to all the desirable conveniences makes this place easy to rent out. Each unit average $2,050 in rents with all newer signed year leases! Tenants are awesome, cooperative and enjoys their living. A new owner can have peace of mind with a steady cash-flowing investment even with today's current interest rates. Each unit offers a spacious 980 square with 2 bedrooms, 1.75 bathrooms, washer and dryer hookups, and a private balcony with a view. Put more down payment to collect higher cash on cash returns!

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Deck

Waterfront No

View Y/N Yes

View Sound

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Woodmont Elem

Middle Schools Sacajawea Jnr High

High Schools Federal Way Snr High

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Kat Delay

Team Owner / Director of Sales | License ID: 125181

+1(425) 223-1751

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