$1,600,000
1727 S 305th Place, Federal Way, 98003
Listing Courtesy of
Nations Realty, LLC
1727 S 305th Place , Federal Way, WA 98003
Prime Investment Opportunity in Federal Way: Renovated 8-Unit ApartmentThis fully occupied 8-unit apartment is rare. It is located near downtown Federal Way, directly across from Federal Way High School. Each unit has been completely renovated, ensuring modern living spaces that are attractive and easy to maintain. With a strong 6.29% CAP rate, this property promises solid returns on investment. Convenience is key, with the upcoming light rail station just minutes away and within walking distance of the bus stop. Recent upgrades, including a brand-new roof in 2018 and new siding and exterior paint in 2023, mean no deferred maintenance—making it an ideal, hassle-free investment—with low vacancy rates.
Source Northwest MLS
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PROPERTY DETAILS
- Mls Id2286969
- StatusActive
- AreaFederal Way
- CarportNo
- CityFederal Way
- CountyKing
- Exterior FeaturesWood Products
- FireplaceNo
- High School DistrictFederal Way
- Living Area0 Square Feet
- Lot Acres0.2205
- Lot Square Feet9604
- New ConstructionNo
- Zip Code98003
- Property TypeMulti-Family
- RoofComposition
- SewerAvailable
- WaterfrontNo
- Water SourcePublic
- Year Built1976
- Checked For Updates2024-09-16 11:01:55 PDT
Based on information submitted to the MLS GRID as of 2024-09-16 11:01:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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