34013 1st Circle S, Federal Way, WA 98003
- $814,900
- 2,784
- SqFt
Listing courtesy of COMPASS.
- List Price
- $814,900
- Status
- ACTIVE
- MLS#
- 2048962
- Price Change
- ▼ $10,100 1683687797
- Days on Market
- 65
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,784
- Area Total SqFt
- 2784
- Annual Tax Ammount
- 7535
- Lot Size (sq ft)
- 10,890
- Sewer
- Sewer Connected
Property Description
Panther Lake 4 plex price change UPDATED 4-plex Newer roof & double pane windows. Apartment style units with 1 beds/1 bath, kitchen, living room, washer/dryer, fireplace. Unit A is just being renovated: Floors, appliances, cabinets, countertops, shelf units. All new, studs out redo. Desirable greenbelt and park-like setting. Each of the 4 units has a patio/deck. Low historic vacancy rate. On site property mgmt in place for a 5% fee. HOA dues cover water, sewer, garbage, common area. Covered parking per unit + add'l parking. Convenient access to new light rail coming soon. No sign, do not disturb tenants. Interior showing/insp with signed PSA. Community play area, sports court nearby. Profi t& Loss doc by email. Waiting list for UnitA.
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- List Date
- 2023-03-25 21:57:09
- Community
- Panther Lake
- Net Operating Income
- $43,921
- Gross Adjusted Income
- $64,152
- Gross Scheduled Income
- $64,800
- Total Monthly Income
- $5,400
- Insurance Expenses
- $2,950
- Gross Rent Multiplier
- 12.86
- Total Expenses
- $30,798
- Cap Rate
- 5.3
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 34013
- Potential Terms
- Conventional
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Athletic Court
- Electric Expenses
- 82
- Other Expenses
- 20231
- Energy Source
- Electric
- School District
- Federal Way
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,400
- Gross Scheduled Income
- $64,800
- Vacancy Rate
- 1
- Gross Adjusted Income
- $64,152
- Tax Year
- 2022
- Insurance Expense
- $2,950
- Total Expenses
- $30,798
- Net Operating Income
- $43,921
- Gross Rent Multiplier
- 12.86
- Cap Rate
- 5.3
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.