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Des Moines,WA 98198
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