29207 29209 18th Avenue S, Federal Way, WA 98003
- $432,000
- 1,968
- SqFt
Listing courtesy of Renters Warehouse. Selling Office: Redfin Corp..
- Sold Price
- $432,000
- List Price
- $415,000
- Status
- SOLD
- MLS#
- 1565261
- Closing Date
- Mar 16, 2020
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,968
- Area Total SqFt
- 1968
- Annual Tax Ammount
- 3709
- Lot Size (sq ft)
- 7,841
- Sewer
- Sewer Connected
Property Description
Incredible investment opportunity located in Federal Way. Each unit features 2 Large bedrooms with 1 bathroom, includes all appliances. Centrally located, Low Maintenance Property close to shopping, freeways, and bus lines. 29207 is currently vacant and ready to show, units are identical. Please Do Not Disturb Tenant in Unit 29209.
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Additional Information
- List Date
- 2020-03-15 00:00:00
- Community
- Redondo
- Net Operating Income
- $26,535
- Gross Adjusted Income
- $29,846
- Gross Scheduled Income
- $38,400
- Insurance Expenses
- $1,245
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 11
- Total Expenses
- $8,554
- Cap Rate
- 0.06
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 29207 29209
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 1967
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Patio
- Electric Expenses
- 1800
- School District
- Federal Way
- Gross Scheduled Income
- $38,400
- Vacancy Rate
- 5
- Gross Adjusted Income
- $29,846
- Tax Year
- 2019
- Insurance Expense
- $1,245
- W/S/G Expenses
- $1,200
- Total Expenses
- $8,554
- Net Operating Income
- $26,535
- Gross Rent Multiplier
- 11
- Cap Rate
- 0.06
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