Bought with Windermere RE Greenwood
$1,900,000
$1,900,000
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28426 16th AVE S #1-6 Federal Way, WA 98003
7,776 SqFt
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $244
Subdivision Redondo
MLS Listing ID 1752961
Sold Date 06/23/21
Style 55 - 5-9 Units
Year Built 1978
Annual Tax Amount $10,560
Lot Size 0.338 Acres
Property Description
Cap is 4.87%.Pro Forma = 6% Exceptional Opportunity! 6-unit deluxe condo building. All units = 1224 SF 2 Bed 1.5 Bth, fireplace. This is a unique opportunity to own the building, rent out or sell units individually. The HOA is already set up, the 6 tax parcels split, and all the work is done. This exceptional building above Redondo with Puget Sound views from upper floors. Completely remodeled with customized cabinets, all stainless-steel appliances, slab granite counters and cherry hardwood floors, travertine, natural stone tile and cushy carpet in the bedrooms. Main bath is over-sized with a deep soaking tub. This is basically a turnkey building of condominiums at a volume discount price! DON'T BOTHER OCCUPANTS. Sq Ftg per old appraisal.
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Interior Features Forced Air, Ceramic Tile, Laminate, Wall to Wall Carpet
Flooring Ceramic Tile, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Utilities Available High Speed Internet, Sewer Connected, Electric
Amenities Available Deck, High Speed Internet
View Y/N Yes
View Mountain(s), Sound, Strait, Territorial
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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