21615 30th Avenue S, Des Moines, WA 98198
- $1,008,888
- 2,976
- SqFt
Listing courtesy of Liberty Real Estate, LLC. Selling Office: Liberty Real Estate, LLC.
- Sold Price
- $1,008,888
- List Price
- $1,050,000
- Status
- SOLD
- MLS#
- 2302133
- Closing Date
- Nov 18, 2024
- Days on Market
- 2
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 2,976
- Area Total SqFt
- 2976
- Annual Tax Ammount
- 10640
- Lot Size (sq ft)
- 8,550
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-10-19
Property Description
Take advantage of this incredible investment opportunity in a well-maintained and managed 4-plex! Conveniently located near the vibrant International Blvd corridor, this property offers easy access to shops, dining, and services—all within walking distance. Commuting is a breeze with quick access to I-5, public bus routes, and a nearby light rail station. Three units have been recently remodeled with modern updates, including new flooring, quartz countertops, refreshed bathrooms, updated heating systems, fresh paint, and newer appliances. The exterior boasts fresh paint and improved landscaping, adding to the property's curb appeal. The building comes with a Large backyard and side yards, in-unit laundry, and 2 dedicated parking spots/unit.
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Additional Information
- List Date
- 2024-11-16 00:00:00
- Community
- Des Moines
- Net Operating Income
- $72,100
- Gross Scheduled Income
- $88,800
- Total Monthly Income
- $7,400
- Insurance Expenses
- $1,320
- Water/Sewer/Garbage Expenses
- $4,740
- Gross Rent Multiplier
- 11.82
- Total Expenses
- $16,700
- Cap Rate
- 6.87
- Total Number of Units
- 4
- Unit Name
- 21615
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Deck, Dog Run, Patio, Shop
- Energy Source
- Electric
- School District
- Highline
- Total Monthly Income
- $7,400
- Gross Scheduled Income
- $88,800
- Tax Year
- 2024
- Insurance Expense
- $1,320
- W/S/G Expenses
- $4,740
- Total Expenses
- $16,700
- Net Operating Income
- $72,100
- Gross Rent Multiplier
- 11.82
- Cap Rate
- 6.87
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.