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$1,600,000
42 Days Online

1727 S 305th Place
Federal Way, WA98003

For Sale|Multi Family|Pending
0
Beds
0
Full Baths
0
Partial Baths
5,276
SqFt
$303
/SqFt
1976
Built
Subdivision:
Federal Way
County:
King
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Kennedy E. Akinlosotu of Nations Realty, LLC

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253-268-1714
1727 S 305th Place1727 S 305th Place1727 S 305th Place1727 S 305th Place
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Prime Investment Opportunity in Federal Way: Renovated 8-Unit ApartmentThis fully occupied 8-unit apartment is rare. It is located near downtown Federal Way, directly across from Federal Way High School. Each unit has been completely renovated, ensuring modern living spaces that are attractive and easy to maintain. With a strong 6.29% CAP rate, this property promises solid returns on investment. Convenience is key, with the upcoming light rail station just minutes away and within walking distance of the bus stop. Recent upgrades, including a brand-new roof in 2018 and new siding and exterior paint in 2023, mean no deferred maintenance—making it an ideal, hassle-free investment—with low vacancy rates.

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Listing Snapshot
Price 
$1,600,000
Days Online 
42 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,276 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2205 Acres
Year Built 
1976
MLS® Number 
2286969
Status 
Pending
Property Tax 
$15,361
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
4 weeks agoStatus changed to Pending
a month agoListing first seen online
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.2205
Buyer Agent Compensation 
2
Number Of Stories 
2
Parking Spaces 
10
Property Sub Type 
Multi Family
SqFt Total 
5276
Utilities 
Sewer Available
Water Source 
Public
Interior Features
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Wood Siding
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
MLS Area 
110 - Dash Point/Federal Way
School District 
Federal Way
Schools
School District
Federal Way
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Kennedy E. Akinlosotu of Nations Realty, LLC



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on Information submitted to the MLS Grid as of: 2024-10-17 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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