Water Views
Listing Provided Courtesy Of:
The Preview Group and NWMLS
Address
28426 16th Avenue S #1-6 Federal Way, WA
Price
$ 1,800,000
Property Attributes
  • ML#1752961
  • TypeMulti-Family
  • CountyKING
  • CityFederal Way
  • AreaDes Moines-Redon
  • NeighborhoodRedondo
  • Zip98003
  • Style5-9 Units
  • Year Built1978
  • Taxes10560
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7776
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
The Preview Group and NWMLS
Data Source:
NWMLS
Property Description

Cap is 5.14%.Pro Forma = 6% Exceptional Opportunity! 6-unit deluxe condo building. All units = 1224 SF 2 Bed 1.5 Bth, fireplace. This is a unique opportunity to own the building, rent out or sell units individually. The HOA is already set up, the 6 tax parcels split, and all the work is done. This exceptional building above Redondo with Puget Sound views from upper floors. Completely remodeled with customized cabinets, all stainless-steel appliances, slab granite counters and cherry hardwood floors, travertine, natural stone tile and cushy carpet in the bedrooms. Main bath is over-sized with a deep soaking tub. This is basically a turnkey building of condominiums at a volume discount price! DONT BOTHER OCCUPANTS. Sq Ftg per old appraisal.

Price History
4/7/2021 Listed $1,800,000

General Features

Amenities Thermal Windows
Buildingareaunits Square Feet
Carport Spaces 6
Carport Y/N No
Energy Efficient Thermal Windows
Exterior Features Wood Products
Flooring Ceramic Tile, Laminate, Vinyl, Carpet
High School District Federal Way
Interior Features Ceramic Tile, Wall to Wall Carpet
New Construction No
Open Parking Spaces 6
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Sewer Sewer Connected
Standard Status Active
Structure Type Multi Family
Subdivision Name Redondo
Tax Annual Amount 10560
Terms Cash Out, Conventional
Total Units 6
Units Below Grade true
Units In Building Total 6
View Mountain(s), Sound, Strait, Territorial

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Power Production Type Electric

Exterior Features

Building Area Total 7776
Lot Features Dead End Street, Paved
Lot Size Acres 0.3383
Lot Size Square Feet 14736
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 6
Site Features Deck, High Speed Internet
Total Parking 12
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 98003

Price
AVG $1.52M
$1.8M
Taxes
AVG $9,046
$10,560
Visits
AVG 5
7
Year Built
AVG 1998
1978
Walkscore
AVG 62
53
Data Provided by Walkscore ® not using MLS data

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