For Sale, USD 899,950
34027 1st Pl S, Federal Way, WA 98003, USA, Federal Way, Washington, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 3,056 ft² / 284 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Turnkey four-plex opportunity in Federal Way! Strong rental fundamentals and major capital improvements already completed—ideal for both seasoned investors and those looking to expand their portfolio. This spacious property offers three thousand fifty-six rentable square feet across four well-designed two bedroom / one bathroom units, all fully occupied, providing immediate and consistent income. Each unit features in-unit washer and dryer, dedicated covered parking, and comfortable living spaces that stay in demand which enhances tenant appeal and retention! The building envelope has been recently refreshed with significant exterior upgrades, including a new roof (2024) with warranty, new chimney chase cover, new gutters, and a full exterior paint job—minimizing deferred maintenance and future capital expenses. Hello, fewer surprise expenses! With big-ticket items already addressed, this investment offers a more predictable ownership experience and allows the next owner to focus on cash flow and long-term appreciation. The location is a win—close to restaurants, shopping, transit, and schools, plus just minutes to the new Sound Transit light rail. A low-maintenance, income-producing asset that you do not want to miss!
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34027 1st Pl S, Federal Way, WA 98003, USA, United States,Washington,Federal Way is a 3,056ft² Federal Way luxury Multi-Family Home listed for sale USD 899,950. This high end Federal Way Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Federal Way or search for luxury properties for sale in Federal Way.