24303 27th Avenue S, Des Moines, WA 98198

$1,020,000
3,628
SqFt

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Listing courtesy of Every Door Real Estate. Selling Office: RE/MAX Alliance.

Sold Price
$1,020,000
List Price
$1,099,995
Status
SOLD
MLS#
2238232
Closing Date
Jul 02, 2024
Days on Market
26
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,628
Area Total SqFt
3628
Annual Tax Ammount
9965
Lot Size (sq ft)
7,680
Sewer
Sewer Connected

Property Description

Investor alert! This upgraded Quadplex has lots of upside with the current rents below market value. Each unit is approximately 900sqft with 2 bedrooms and 2 bathroom. They each include a range/stove, refrigerator, and dishwasher. All units feature new quartz countertops, fireplace, vanities. Some units have new LVP flooring & new cabinets. . The complex is in great shape with parking right in front of the building for easy access. Conveniently located next to Major highways and shopping. Please call with any questions.Do not disturb tenants.

Additional Information

List Date
2024-06-06 00:00:00
Community
Des Moines
Net Operating Income
$70,810
Gross Adjusted Income
$85,536
Gross Scheduled Income
$85,536
Total Monthly Income
$7,128
Insurance Expenses
$4,197
Water/Sewer/Garbage Expenses
$563
Total Expenses
$14,725
Total Number of Units
4
Unit Name
24303
Potential Terms
Cash Out, Conventional, FHA
Year Built
1984
View
Territorial
Roof
Tile
Site Features
Cable TV, High Speed Internet
Energy Source
Electric
School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,128
Gross Scheduled Income
$85,536
Gross Adjusted Income
$85,536
Tax Year
2024
Insurance Expense
$4,197
W/S/G Expenses
$563
Total Expenses
$14,725
Net Operating Income
$70,810
Based on information submitted to the MLS GRID as of . 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.
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