28932 28th Place S, Federal Way, WA 98003

$520,000
2,300
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$520,000
Status
ACTIVE
MLS#
1344229
Days on Market
9
Style
52 - Duplex
Finished SqFt
2,300
Lot Size (sq ft)
7,200

Property Description

INVESTOR good opportunity. Good income,/good location. One unit is 3 bed 1.5 bath approximately 1300 sgft attached one car garage.The 2nd has 3bedroom w/bed on the main, 1.75 bath approx. 1300 sqft, large deck with 2 storage. Both homes have been updated,Newer Windows 2011,Roof 2010.vacant unit kitchen remodeled recently w/high end OAK cabinet and granite countertop and brand new appliances. Large private fenced yards, ample parking and storage. Live in one side and rent the other OR rent both.

Additional Information

List Date
2018-08-10 00:00:00
Community
Federal Way
Property Type
MULT
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1980
Total Parking
2
Exterior
Metal/Vinyl
Roof
Composition
School District
Federal Way
Total Monthly Income
$3,400
Gross Scheduled Income
$40,800
Vacancy Rate
1
Gross Adjusted Income
$36,200
Annual Taxes
$3,950
Tax Year
2018
Insurance Expense
$650
Total Expenses
$650
Net Operating Income
$36,200
Gross Rent Multiplier
12
Cap Rate
7

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1300
Unit 1 Rent
$1,700
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1300
Unit 2 Rent
$1,700
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