$990,000

0 Beds 0 Baths 3,905 SQFT 0.24 Acres
Type: Multi-Family

34005 1 St Circle S
Federal Way, WA 98003

MLS#: 2478223
Presented by: 360 Pacific and NWMLS

Property Description

 

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Cap Rate4.25
Carport Spaces4
Carport Y/NNo
CityFederal Way
CoolingNone
CountyKing
DirectionsGPS
Electric Expense0
Fuel Expense0
Garage Spaces0
HOAYes
HOA Fee$711.8
HeatingBaseboard
High School DistrictFederal Way
Insurance Expense2832
Leasable Area4,036 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet10,449 sqft
Lot Size UnitsSquare Feet
MLS Area110 - Dash Point/Federal Way
NWM_ShowMapLinkY
Net Operating Income42088
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject to Tenant Rights
Property ConditionGood
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of livin
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameFederal Way
Tax Annual Amount$9,599
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanyHOA
Water Sewer Garbage8541
Year Built1979

Exterior

Building Area Total3,905 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Size Acres0.2399
Parking Uncovered Total2
Water SourceCommunity
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$990,000

0 Beds 0 Baths 3,905 SQFT 0.24 Acres
Type: Multi-Family

34005 1 St Circle S
Federal Way, WA 98003

MLS#: 2478223