34214 1st Place S, Federal Way, WA 98003 (MLS # 2131380)
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Listing provided courtesy of Northwest MLS; Hampton West Real Estate
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Below market rents with potential to increase at the end of the year. Don't miss this opportunity to own a well-maintained 4plex in Federal Way. This property features four spacious units, each with 2 bedrooms, 1 bathroom, a fireplace, a balcony or patio, and in unit washer and dryer. Dedicated covered parking for each unit plus 2 guest spaces. Great location convenient to shopping, dining, schools, and parks. Good access to I-5 and Hwy 18 for commuters. All units are currently occupied with great rental history, long term tenants that generate a stable income. On site professional management makes this is a turn-key investment that you don't want to miss! HOA rules do not allow for self management.
| DAYS ON MARKET | 313 | LAST UPDATED | 3/21/2024 |
|---|---|---|---|
| TRACT | Panther Lake | YEAR BUILT | 1977 |
| COMMUNITY | Panther Lake | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Federal Way |
|---|---|
| Elementary School | Buyer To Verify |
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| PRICE HISTORY | |
| Prior to Oct 13, '23 | $950,000 |
|---|---|
| Oct 13, '23 - Jan 22, '24 | $929,500 |
| Jan 22, '24 - Mar 7, '24 | $919,500 |
| Mar 7, '24 - Today | $909,500 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 110 - Dash Point/Federal Way |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| HOA DUES | 4668 |
| INTERIOR | Wall to Wall Carpet |
| LOT | 10276 sq ft |
| LOT DESCRIPTION | Cul-de-sac, Curbs, Dead End Street, Open Space, Paved, Sidewalk |
| POOL DESCRIPTION | Community |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Panther Lake |
| TAXES | 8330 |
| UTILITIES | Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/4/24 1:16 PM 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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