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Listed by Windermere Real Estate Co.
$ 2,995,000
Est. payment /mo
Active
30853 14th AVE S Federal Way, WA 98003
28 Beds
16.5 Baths
9,612 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,612 sqft
Price per Sqft $311
Subdivision Federal Way
MLS Listing ID 2324874
Style 56 - 10+ Units
Bedrooms 28
Year Built 1958
Annual Tax Amount $27,350
Lot Size 0.713 Acres
Property Sub-Type Multi-Family
Property Description
Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Lot Description Curbs, Open Space, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Federal Way
Others
Senior Community No
Acceptable Financing Assumable, Cash Out, Conventional
Listing Terms Assumable, Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.