$512,950
29003 28th Place S, Federal Way, 98003
Listing Courtesy of
Homes & Equity Real Estate Grp
29003 28th Place S, Federal Way, WA 98003
Excellent investment opportunity with a strong 5.9% CAP rate and $3,300 in monthly rental income with potential for future growth. This property ideally located on a quiet dead-end street, close to freeway access, the upcoming light rail station and shopping. Each townhouse style unit offers 2 bedrooms, 1.5 bathrooms, 840 square feet of living space, an attached one-car garage and a private, fully fenced backyard. Both units have an excellent rental history. One unit underwent a $40K remodel in 2015 with additional updates including appliances and a new water heater between 2018 and 2019. Month to month lease. BRING ALL OFFERS! Motivated Seller. DO NOT CONTACT TENANTS.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2309148
- StatusActive
- AreaFederal Way
- Foundation DetailsPoured Concrete
- FlooringLaminate, Vinyl, Carpet
- CarportNo
- CityFederal Way
- CountyKing
- Exterior FeaturesMetal/Vinyl, Wood
- FireplaceNo
- High School DistrictFederal Way
- Interior FeaturesLaminate Hardwood, Wall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesCurbs, Dead End Street, Paved, Sidewalk
- Lot Acres0.1653
- Lot Square Feet7200
- New ConstructionNo
- Zip Code98003
- Property TypeMulti-Family
- RoofComposition
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1980
- Checked For Updates2024-11-21 00:01:24 PST
Based on information submitted to the MLS GRID as of 2024-11-21 00:01:24 PST. 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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