28600 25th Place S $395,000

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    28600 25th Place S Federal Way, WA 98003

    • 0 Beds
    • 0 Baths
    • 2,080 sq.ft.
    • Multi-Family
    Listing# 1504548
    SOLD 9/23/2019

    $395,000

    Days On Market: 29 3 Views
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    Property Details

    Turn-key Duplex at 7.93% Cap!!! Major renovations have been made to this property. Unit 28600 just completed a rehab and is currently vacant, other unit is occupied with $1650 in rent with $70 utility bill back. Buyers may take advantage of upside by adding coin operated washer and dryer for extra income.

    • General Features
      • County King
      • Zoning Code Multi-Family
      • County King
      • Lot Details Curbs, Paved Street, Sidewalk
      • Lot Dimensions 7333
      • Lot Square Footage 7,333
      • Number of Stories 1
      • Number of Units 2
      • Style 52-Duplex
      • Year Built 1968
    • Building Features
      • Roof Compostion, Flat, Torch Down
      • Exterior Wood Products
      • Amenities Thermal Windows
      • Approx SqFt 2,080
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $3,400
      • Net Operating Income $30,530
      • Gross Scheduled Income $41,640
      • Gross Adjusted Income $39,558
      • Total Expenses $9,028
      • Other Expenses $2,000
      • Insurance Expenses $973
      • Expenses $9,028
      • Heating Expenses $0
      • Electrical Expenses $480
      • Gross Rent Multiplier 9
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $4,124
      • Energy Source Electric
      • Heating and Cooling Baseboard, Forced Air
      • Sewer Company Sewer Available
    • Schools
      • School District Federal Way

    Neighborhood

    98003 (Federal Way) Demographics

    35Median Age
    4,078Population Density (per sq. mile)
    33%College Educated
    $48,724 Estimated Median Income
    8,636Estimated Total Home Owners
    9,374Estimated Total Renters
    48% / 52%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    47,407Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $347,500 Median Sales Price
    46 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        9/23/2019 12:00:00 AM Sold Source New Value: $395,000
        8/13/2019 9:21:08 PM Status Changed Source New Value: Pending

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.