Bought with Keller Williams Downtown Sea
$935,000
$975,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
3,126 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,126 sqft
Price per Sqft $299
Subdivision Downtown Carnation
MLS Listing ID 2061269
Sold Date 12/29/23
Style 54 - 4-Plex
Year Built 1983
Annual Tax Amount $6,121
Lot Size 0.273 Acres
Property Description
Great value add investment opportunity! Lot's of room to increase rent if you put new kitchen, update bathrooms, rents should be at least $1950 to $2000 a month. This 4-plex can provide steady income for investor, and the fact that the community is growing and there is low vacancy is definitely a plus. Units had been updated, new roof in 2020, new exterior paint in 2021 and updated electrical. There is additional income from the coin-op laundry.
Location
State WA
County King
Area 550 - Redmond/Carnation
Interior
Interior Features Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
Flooring Ceramic Tile, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Riverview
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Team Leader/Broker | License ID: 108348