24423 S 27th Ave S, Des Moines, WA 98198

$687,500
3,436
SqFt

Listing courtesy of Coldwell Banker Danforth.

List Price
$687,500
Status
PENDING INSPECTION
MLS#
1635510
Days on Market
11
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
3,436
Lot Size (sq ft)
7,200

Property Description

Rare 4 Plex for sale in high demand area. Each unit includes 2 bedrooms, 1 full bath and hall closet. Upper units have a balcony with a storage closet. Lower units have a porch with storage area and small fenced yard. There is a coin operated washer and dryer on the lower level. Newer roof installed in 2018 and property was repainted in 2017. Unit 3 is recently cleaned with a new window installed. All units are currently rented.

Additional Information

List Date
2020-07-23 00:00:00
Community
Woodmont
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1981
Total Parking
6
Uncovered Parking
6
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Patio
Lot Details
Paved Street
School District
Highland
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Vacancy Rate
2
Gross Adjusted Income
$52,800
Annual Taxes
$9,192
Tax Year
2019
Insurance Expense
$1,659
W/S/G Expenses
$4,143
Total Expenses
$22,070
Net Operating Income
$36,218
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
859
Unit 1 Rent
$900
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
859
Unit 2 Rent
$1,200
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
859
Unit 3 Rent
$1,200
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
859
Unit 4 Rent
$1,100
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