34025 S 1st Place, Federal Way, WA 98003

Sold

Great Investment opportunity! Rents have not been raised in over 1 year due to Covid-19 and all tenants are 100% current on rent payments. Rents are 20% under market. Roof replaced last year and 3 units updated in past 5 years. Windows upgraded to double-pane. HOA pays insurance. Owner pays for NO utilities. Great neighborhood, conveniently located near I-5, Schools, Shopping, Restaurants and Parks. Professional management company takes care of maintenance, leasing, books and rent collection. Perfect for out of area or even out-of-state investors looking to be hands off. Upper units have large private decks. Turn Key! Seller is a licensed agent.

Broker: Cory Thompson

Office: eXp Realty

Property Details