30853 14th Avenue S
Federal Way, WA 98003
9612 sqft | 0.71 acres | #2324874
Description
Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.
Property Details
- Lot DescriptionCurbs, Open Space, Paved, Sidewalk
- Date ListedJanuary 21, 2025
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- SubdivisionFederal Way
- School DistrictFederal Way
- Original List Price$2,995,000
- Taxes Annual$27,350
- MLS #2324874
- Cost2995000
- MLS #2324874
- Acres0.7128
- Exterior MaterialsBrick
- Square Feet9612
- Year Built1958
- CountyKing
- Stories2
- Days on Market (Cumulative)9
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-22 04:17:08. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Shavic Jones (#NWM65391)
Listing Office: Windermere Real Estate Co. (#NWM4715)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
