Skip To Content

    1636 S 333rd Street

    Federal Way, WA 98003
    • $1,230,000
    • STATUS: Pending Inspection
    • ON SITE: 116 days
    • ID#: 1750794
    Under Contract
    UPDATED: 53 min ago
    $1,230,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Realty Ps.

    Description

    Amazing investment opportunity located in the heart of busy Federal Way. Just shy of 3/4 of an acre, this parcel is home to 3 spacious single family homes and a large Warehouse! Multiple investment opportunities abound with current rents at 6300/month + potential additional development opportunity (RM3600 zoning). Two of the homes were rebuilt from the ground up in 2018 boasting open layouts, new modern designs, and higher end finishes! Interior finishes boast LVP flooring, modern kitchens with Quart countertops, and so much more! Warehouse space is under-utilized and can likely bring in much higher rents with no additional investment. Rent rolls, operating costs and income available upon request! Schedule your showing today!

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-26T00:14:52.61.

    www.nexthomesouthsound.com/homes/115652708
    Print Image

    1636 S 333rd Street Federal Way, WA 98003

    • Price: $1,230,000
    • Status: Pending Inspection
    • Updated: 53 min ago
    • ID#: 1750794
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    2018
    Built
    Neighborhood:
    Federal Way
    County:
    King
    Area:
    Dash Pt/Fed Way
    Elementary School:
    Rainier View Elem
    Middle School:
    Sequoyah Mid Sch
    High School:
    Todd Beamer High
    School District:
    Federal Way
    Property Description
    Amazing investment opportunity located in the heart of busy Federal Way. Just shy of 3/4 of an acre, this parcel is home to 3 spacious single family homes and a large Warehouse! Multiple investment opportunities abound with current rents at 6300/month + potential additional development opportunity (RM3600 zoning). Two of the homes were rebuilt from the ground up in 2018 boasting open layouts, new modern designs, and higher end finishes! Interior finishes boast LVP flooring, modern kitchens with Quart countertops, and so much more! Warehouse space is under-utilized and can likely bring in much higher rents with no additional investment. Rent rolls, operating costs and income available upon request! Schedule your showing today!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 8 Exterior Features Cement PlankedWoodWood Products Lot Features PavedValue In Land Open Parking Spaces 6 Open Parking YN Yes Parking Features Rv Parking Parking Total 14 Parking Uncovered Spaces 6 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateVinyl PlankCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 74361 Insurance Expense 3185 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 51161 New Construction YN No Possible Use Residential Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-FullyGated EntryOutbuildingsPatioRv ParkingShop Special Listing Conditions None Tax Annual Amount 7532 Tax Year 2020 Total Expenses 23199 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 0 Water Source Public Zoning Class Residential Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NextHome South Sound and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-26T00:14:52.61.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1750794-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1750794-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1750794-1.jpg
    Logo
    NextHome South Sound
    1570 Wilmington Dr., Suite 200
    DuPont WA, 98327
    Listing Courtesy of Keller Williams Realty Ps.