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Price reduced on this turnkey 4-plex! 5.07% Cap Rate.
Price reduced on this turnkey 4-plex! 5.07% Cap Rate.
34214 1st Place S, Federal Way, WA 98003
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Rents have potential to increase at the end of the year. Don’t miss this opportunity to own a well-maintained 4plex in Federal Way. This property features four spacious units, each with 2 bedrooms, 1 bathroom, a fireplace, a balcony or patio, and in unit washer and dryer. Dedicated covered parking for each unit plus 2 guest spaces. Great location convenient to shopping, dining, schools, and parks. Good access to I-5 and Hwy 18 for commuters. All units are currently occupied with great rental history, long term tenants that generate a stable income. On site professional management makes this is a turn-key investment that you don’t want to miss! HOA rules do not allow for self management.
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