28636 25th Place S, Federal Way, WA 98003

$497,500
3,000
SqFt

Listing courtesy of The Foundation Group LLC.

List Price
$497,500
Status
ACTIVE
MLS#
1381977
Days on Market
15
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
3,000
Lot Size (sq ft)
7,200

Property Description

Current Cap of 6.81%!! This duplex consists of one 4b/1.75ba and one 3b/1.75ba which are 1500 sf each. Roof is 10 years old and site has ample parking. Heating system is forced air gas. One tenant is MTM and the other recently signed a year lease.

Additional Information

List Date
2018-11-01 00:00:00
Community
Federal Way
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1968
Total Parking
5
Uncovered Parking
5
Exterior
Wood Products
Roof
Composition
Site Features
['Fenced-Partially', 'Gas Available']
Lot Details
Paved Street, Sidewalk
School District
Federal Way
Total Monthly Income
$3,995
Gross Scheduled Income
$47,940
Vacancy Rate
5
Gross Adjusted Income
$45,543
Annual Taxes
$4,961
Tax Year
2018
Insurance Expense
$1,200
W/S/G Expenses
$2,203
Total Expenses
$11,686
Net Operating Income
$33,857
Gross Rent Multiplier
10
Cap Rate
6

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
1.75
Unit 1 Size
1500
Unit 1 Rent
$1,995
Unit 2 Beds
3
Unit 2 Baths
1.75
Unit 2 Size
1500
Unit 2 Rent
$2,000
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks