34 S 342nd Place -4421 Federal Way WA 98003 MLS #NWM2170933

Listing Provided Courtesy of Real Estate 2000 Inc. / Keller Williams Seattle Metro
Opportunity To Own a Turn Key 4-Plex in Panther Lake Complex – Renovations 2023. 2 Bed, 1 Bath. 2 Updated Units (Sep 2023), 2 Units With Prior Updates. Each Unit Features a Kitchen, Living Room, Washer/Dryer, & Cozy Fireplace. New Roof (Sep 2023) & Exterior Paint. 3 Occupied Units, 1 Advertised for Rent. Ideal for Owner Occupancy with Low Rates. On-Site Management (5%). HOA Covers Water, Sewer, Garbage, and Common Area Maintenance. 4 Covered Parking & 2 Guest Spots. Nearby Community Play Area & Sports Court. Easy Access to Upcoming Light Rail. Close to Schools, Shopping, and Restaurants. This is a perfect investment for a first-time investor or a hands-off investor. Interior Showings with Signed PSA. List of Capital improvements Provided.

Property Details

Price:
$1,200,000
MLS #:
NWM2170933
Status:
Closed (Mar 5, 2024)
Beds:
0
Baths:
0
Address:
34 S 342nd Place -4421
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Panther Lake
City:
Federal Way
Listed Date:
Oct 12, 2023
State:
WA
Finished Sq Ft:
3,600
Total Sq Ft:
3,600
ZIP:
98003
Lot Size:
12,789 sqft / 0.29 acres (approx)
Year Built:
1979
Units:
4

Schools

School District:
Federal Way

Interior

Cooling
None
Flooring
Laminate, Vinyl, Carpet
Heating
Baseboard

Exterior

Exterior Features
Wood Products
Parking Spots
6
Roof
Composition

Financial

HOA Fee
$677
HOA Frequency
Monthly
Net Operating Income
$62,551
Tax Year
2023
Taxes
$8,751

Map

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34 S 342nd Place -4421
Federal Way, WA