1728 S 305th Place, Federal Way WA, 98003
(Active)
$1,695,000
|
|
MLS# 2217743
Last Updated: 5/1/2024 11:35 PM
Description for
1728 S 305th Place
Federal Way, WA 98003
Seven Unit Residential Complex in the heart of Federal Way. Fully occupied, 5.86 cap rate. Four of the units have been re-modeled. The Light Rail Station is coming soon, and the A line Bus is steps away. These affordable units are ideal for commuters. Historically in high demand with low vacancy rate. DO NOT DISTURB OR TALK WITH TENANTS PLEASE. Inspection, viewing/walk-through after mutual acceptance.
Price
$1,695,000
Central Federal Way
King
2217743
Active
Description
Seven Unit Residential Complex in the heart of Federal Way. Fully occupied, 5.86 cap rate. Four of the units have been re-modeled. The Light Rail Station is coming soon, and the A line Bus is steps away. These affordable units are ideal for commuters. Historically in high demand with low vacancy rate. DO NOT DISTURB OR TALK WITH TENANTS PLEASE. Inspection, viewing/walk-through after mutual acceptance.
Listing Information
| Property Type: Multi-Family, 2 Story | ||
| 0.23 Acres | 1977 | 2 |
| Wood | ||
Central Federal Way
Public
Sewer Connected
Neighborhood
School Information
| District: Federal Way | ||
Room Information
Interior Features
None
Electric Heating,
Baseboard
Exterior / Lot Features
13 Parking Spaces,
Wood
Flat
Driving Directions
From Pacific Highway South, East on S 305th Pl to building on left.
Financial Considerations
| 2558170110 |
| $12,293 |
Conventional
Listing Price History
Federal Way Real Estate
Federal Way is located in Washington. Federal Way, Washington 98003 has a population of 99,239.
The median household income in Federal Way, Washington 98003 is $63,796. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Federal Way 98003 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/2/2024 | Active | $1,695,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $12,371 USD | - | $1,241,000 USD | - |
| 2022 | $12,371 USD | 6.99% | $1,241,000 USD | 21.43% |
| 2020 | $11,563 USD | 23.30% | $1,022,000 USD | 27.43% |
| 2019 | $9,378 USD | -11.11% | $802,000 USD | - |
| 2018 | $10,550 USD | 13.16% | $802,000 USD | 9.56% |