WA > Des Moines > Des Moines
Des Moines, WA 98198,2916 S 220th ST
Des Moines, WA 98198,2916 S 220th ST
Des Moines, WA 98198,2916 S 220th ST
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Listed by Homes & Equity Real Estate Grp
$569,950
Est. payment /mo
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4 BD
2 BA
1,350 SqFt
Active

2916 S 220th ST Des Moines, WA 98198

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

11/16/2024 08:55 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $422

Subdivision Des Moines

MLS Listing ID 2308204

Style 52 - Duplex

Bedrooms 4

Year Built 1965

Annual Tax Amount $5,453

Lot Size 7,418 Sqft

Property Description

Excellent investment opportunity with a solid 5.9% CAP rate and $3500 in monthly rental income with room for future growth in Unit 2916. This corner lot rambler duplex on a PRC-zoned lot offers views of Puget Sound, quick access to I-5 and Hwy 99, nearby amenities and is just a block from new developments. Ideal for living in one unit while renting out the other or leasing both, this property offers the flexibility & strong returns. Both units are currently occupied with leases expiring by 7/25. Each unit featuring spacious beyond its SF, 2 beds, 1 bath, living/dining areas, W/D, private fenced yards, storage closets, soundproof windows, membrane roof & remodeled in 2020 & separate entrances. 8 parking spaces. DO NOT CONTACT TENANTS!

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Interior Features Laminate Hardwood

Flooring Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Gas Available, RV Parking

Waterfront No

View Y/N Yes

View Mountain(s), Partial

Roof Type See Remarks

Building

Lot Description Corner Lot, Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Highline

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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