Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 677.8
Garage Spaces 0
Year Built 1979
View Territorial
Property Subtype Multi Family
Tax Year 2026
Assoc Fee Paid Per Monthly
County King
Net Operating Income 72000
Insurance Expense 3183
New Construction N
Property Type Residential Income
HOA Y
Energy Efficient Thermal Windows
Subdivision Name Panther Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions I5 exit 142B Continue westbound on S 348th St Right on 1st Ave S Left on 1st Pl. S. Drive approximately 800 feet or 3.8 to property on left side on corner of 1st Pl S.
City Federal Way
Senior Community Y/N N
High School District Federal Way
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 10278
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 7595
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units One bed/one bath units for easy rentability All units
Leasable Area 2800
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Playground Thermal Windows
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 8.73