30313 13th Ave S, Federal Way, WA 98003

$499,950
2,540
SqFt

Listing courtesy of Keller Williams Realty PS.

List Price
$499,950
Status
ACTIVE
MLS#
1661992
Price Change
▲ $10,000 1601014204
Days on Market
13
Style
52 - Duplex
Finished SqFt
2,540
Lot Size (sq ft)
7,740

Property Description

Excellent investment opportunity and a nice cap rate with this duplex – conveniently located near schools, shopping, and freeways. First unit offers 3 bedrooms, 1 bath, an updated kitchen & newer carpet. Second unit has 2 bedrooms, 1 bath. Each unit has a driveway with off-street parking, deck & patio. Large shared fenced back yard. On-site laundry is shared by both units. Storage shed. Both units currently rent at $1,795 per month. Don’t miss this one!

Additional Information

List Date
2020-09-16 00:00:00
Community
Federal Way
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1966
Total Parking
4
Uncovered Parking
4
Exterior
Brick
Roof
Composition
Site Features
Deck, Fenced-Fully, Patio
Lot Details
Paved Street
School District
Federal Way
Total Monthly Income
$3,590
Gross Scheduled Income
$41,080
Gross Adjusted Income
$41,080
Annual Taxes
$4,590
Tax Year
2020
Insurance Expense
$980
W/S/G Expenses
$2,400
Total Expenses
$12,370
Net Operating Income
$30,710
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1200
Unit 1 Rent
$1,795
Unit 2 Beds
3
Unit 2 Baths
1.00
Unit 2 Size
1340
Unit 2 Rent
$1,795
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