21608 30th AVE S new to site

Des Moines,WA 98198

$ 1600000

12 Beds

8 Baths

4452 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,452 sqft

Price per Sqft $359

Subdivision Des Moines

MLS Listing ID 2349579

Style 54 - 4-Plex

Bedrooms 12

Year Built 1988

Annual Tax Amount $11,908

Lot Size 9,690 Sqft

Property Sub-Type Multi-Family

Property Description

This 4plex fully renovated in 2021, this well kept 4plex is a Prime Investment opportunity. Each one of the 4-unit is a 3 bedroom 2 bath 1 fireplace boasted with updated kitchen with quartz countertop and cabinets, stylish tile floori for easy maintenance and new interior paint. Each unit also featured convenient in-unit washer and dryer, ensuring long-term desirability for renters. New windows and patio doors. With less than 1% vacancy rate and $11,120 in total monthly income, you'll enjoy a robust positive cash flow net operating income. This property is a solid long-term investment that will allow you to qualify for conventional loan rate instead of commercial rate. Don't miss out this cash-flow gem, a perfect addition to your portfolio.

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Flooring Ceramic Tile

Exterior

Exterior Feature Cement Planked,Wood

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Highline

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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