Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1958
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 180514
Insurance Expense 8828
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Federal Way
Special Listing Conditions None
Status Active
Directions From 99 South turn right on S 312th St Right on 14th Ave S building on Left.
City Federal Way
Senior Community Y/N N
High School District Federal Way
Open Parking Spaces 18
Number Of Units Total 16
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 31050
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Out Conventional
Tax Annual Amount 25060.17
Electric Expense 4186.65
Fuel Expense 0
Public Remarks Welcome to the Lake Apartments in Federal Way a portal into a classic 1958-built brick 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31 000 square
Leasable Area 9420
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 16
Water Sewer Garbage 16429.88
Property Style 56 - 10+ Units
Cap Rate 6.46