29014 29016 28th Place S, Federal Way, WA 98003

$400,000
2,650
SqFt

Listing courtesy of Windermere Real Estate/PSR Inc. Selling Office: .

Sold Price
$400,000
List Price
$380,000
Status
SOLD
MLS#
1228950
Closing Date
Mar 02, 2018
Days on Market
17
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,650
Lot Size (sq ft)
7,742

Property Description

Great Investment Opportunity. This Duplex sits on an extra large lot with fully fenced back yards and room for multiple cars. Inside you will find Two Large Bedrooms on the upper level in each unit and One Full Bath. On the Main level you will find a larger bedroom and a Half Bath with Laundry. Laminate hardwoods, new carpets and new paint . Live in one and Rent the other or make this a great cash flowing investment.

Additional Information

List Date
2018-01-01 00:00:00
Community
Federal Way
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA
Year Built
1983
Total Parking
4
Uncovered Parking
2
Exterior
Wood, Wood Products
Roof
Composition
Site Features
['Fenced-Partially', 'Patio', 'RV Parking']
Lot Details
Dead End Street
School District
Federal Way
Total Monthly Income
$2,700
Gross Scheduled Income
$32,400
Vacancy Rate
5
Gross Adjusted Income
$30,780
Annual Taxes
$4,323
Tax Year
2017
Insurance Expense
$767
W/S/G Expenses
$528
Total Expenses
$5,798
Net Operating Income
$24,982
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1325
Unit 1 Rent
$1,350
Unit 2 Beds
3
Unit 2 Baths
1.50
Unit 2 Size
1325
Unit 2 Rent
$1,350

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

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