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22310 24th Ave S
Des Moines, WA 98198

  • $539,975
  • STATUS: Active
  • ON SITE: 189 days
  • ID#: 1027247
UPDATED: 34 min ago
$539,975
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,058
    SQFT
  • $177
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

School District:
Listing Courtesy of Re/Max Metro Realty, Inc..

Description

Three dwellings on a single tax parcel. One is a duplex. One is a three bedroom home and one is a two bedroom home. The property itself is almost 21,000 square feet. Great rents. Unusually good cash flow for a four unit property yet priced comparable to a traditional four unit building. Yet so much more versatile. Great for an investor who would live in one of the units and manage the rest. An extended living compound? Schools, employment, everything is close. It just keeps on getting better!

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-25T21:15:07.407.

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www.home4investment.com/homes/66587787

22310 24th Ave S Des Moines, WA 98198

  • Price: $539,975
  • Status: Active
  • Updated: 34 min ago
  • ID#: 1027247
0
Beds
0
Baths
0
½ Baths
0.48
Acres
3,058
SQFT
$177
$/SQFT
1954
Built
Neighborhood:
Des Moines
County:
King
Area:
D.Moines/Redondo
School District:
Highline
Property Description
Three dwellings on a single tax parcel. One is a duplex. One is a three bedroom home and one is a two bedroom home. The property itself is almost 21,000 square feet. Great rents. Unusually good cash flow for a four unit property yet priced comparable to a traditional four unit building. Yet so much more versatile. Great for an investor who would live in one of the units and manage the rest. An extended living compound? Schools, employment, everything is close. It just keeps on getting better!
Exterior Features

Building Condition Good Carport Spaces 0 Exterior BrickStuccoWood Foundation Concrete RibbonPoured Concrete Garage Spaces 0 Lot Details Paved Street Roof Composition Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8 Waterfront Creek

Interior Features

Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Forced AirWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 576 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 3 Unit2 Dishwasher N Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1250 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 600 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 600 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Bank Owned No Cap Rate 7.35 Electrical Expenses 1200 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 49567 Gross Rent Multiplier 10 Gross Scheduled Income 52176 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 933 Leased Items None Lot Number 8 Net Operating Income 39698 New Construction YN No Other Expenses 1200 Possession ClosingSub. Tenant's Rights Power Company P.S.E Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Midway Sewer Site Features Cable TVDisabled AccessGas AvailableHigh Speed InternetOutbuildingsRV Parking Tax Amount 4030 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 9869 Total Expenses TEX 9869 Total Monthly Income 4348 Unit1 Monthly Rent 1025 Unit2 Monthly Rent 1500 Unit3 Monthly Rent 873 Unit4 Monthly Rent 950 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Midway Water District Water Sewer Garbage 3706 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-25T21:15:07.407.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Re/Max Metro Realty, Inc..