Description
The first time ever seen 4 plex in the state of Washington offering one of the highest producing income among all residential Multi-Families is one of Sound View Terrace Apartments! Located in a nice quiet area near the HEART of Federal Way while harvesting the appreciation of the city! Rents average $2,087 for each unit with year leases! The building offers amazing in-placed tenants, smooth access to the bus lines, and is close to Hwy 99. New owners can have peace of mind with a steady cash-flowing investment even with today's current interest rates! Each unit offers a spacious 980 square with 2 bedrooms, 1.75 bathrooms, a washer and dryer, and private decks with a view. Put more down payment to collect higher cash on cash returns!
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
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3,920SQFT
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$319$/SQFT
School Information
Listing information ©2023 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Sold by .Description
The first time ever seen 4 plex in the state of Washington offering one of the highest producing income among all residential Multi-Families is one of Sound View Terrace Apartments! Located in a nice quiet area near the HEART of Federal Way while harvesting the appreciation of the city! Rents average $2,087 for each unit with year leases! The building offers amazing in-placed tenants, smooth access to the bus lines, and is close to Hwy 99. New owners can have peace of mind with a steady cash-flowing investment even with today's current interest rates! Each unit offers a spacious 980 square with 2 bedrooms, 1.75 bathrooms, a washer and dryer, and private decks with a view. Put more down payment to collect higher cash on cash returns!
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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-25T00:16:42.013. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-25T00:16:42.013. All data is obtained from various sources and may not have been verified by 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.