21822 30th Avenue S, Des Moines, WA 98198

$1,060,000
5,040
SqFt

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Listing courtesy of Oasis Properties. Selling Office: Keller Williams Rlty Bellevue.

Sold Price
$1,060,000
List Price
$1,080,000
Status
SOLD
MLS#
2245438
Closing Date
Jul 15, 2024
Days on Market
2
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
5,040
Area Total SqFt
5040
Annual Tax Ammount
12205
Lot Size (sq ft)
11,400
Sewer
Sewer Connected

Property Description

Very convenience location min to I5 , Hwy 99 and Sea-Tac airport. Large 2 beds and 1.5 bath. Townhome style 4-plex with 2 packing spot each unit. W/D in every unit. Low vacancies rate. Roof was replaced on 2021.

Additional Information

List Date
2024-07-13 00:00:00
Community
Des Moines
Net Operating Income
$53,295
Gross Adjusted Income
$75,600
Gross Scheduled Income
$75,600
Total Monthly Income
$6,300
Insurance Expenses
$3,800
Water/Sewer/Garbage Expenses
$7,200
Gross Rent Multiplier
14.3
Total Expenses
$23,205
Cap Rate
5
Vacancy Rate
1
Total Number of Units
4
Unit Name
21822
Potential Terms
Cash Out, Conventional
Year Built
1977
Roof
Torch Down
Energy Source
Electric
School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,300
Gross Scheduled Income
$75,600
Vacancy Rate
1
Gross Adjusted Income
$75,600
Tax Year
2024
Insurance Expense
$3,800
W/S/G Expenses
$7,200
Total Expenses
$23,205
Net Operating Income
$53,295
Gross Rent Multiplier
14.3
Cap Rate
5
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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