34005 1st CIR S, Federal Way, WA 98003
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34005 1st CIR S, Federal Way, WA 98003
34005 1st CIR S, Federal Way, WA 98003
34005 1st CIR S, Federal Way, WA 98003
34005 1st CIR S, Federal Way, WA 98003
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Washington Homes

Washington Homes

+1(877) 663-9366
Listed by:Better Properties N. Proctor • Leo Zhuk
$ 959,500
Est. payment /mo
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34005 1st CIR S Federal Way, WA 98003

8 Beds

8 Baths

4,036 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,036 sqft

Price per Sqft $237

Subdivision Panther Lake

MLS Listing ID 2593882

Style 54 - 4-Plex

Bedrooms 8

HOA Fees $677/mo

Year Built 1979

Annual Tax Amount $10,346

Lot Size 10,449 Sqft

Property Sub-Type Multi Family

Property Description

Rarely available townhome-style 4-plex in the professionally managed Panther Lake community, offering some of the largest floor plans in the complex. Each two-level unit features 2 bedrooms, 1.5 baths, and approx 1,009 SF per builder/management. The main floor offers a living room with wood-burning fireplace, separate dining room, kitchen, half bath, and in-unit washer/dryer; upstairs are two bedrooms with double closets and a full bath. Two private decks per unit. Current rents $1,600-$1,850 with upside toward the $1,895 market rate for this plan. Four carport spaces plus additional parking. HOA dues cover water, sewer, garbage, exterior maintenance, and grounds, and tenants reimburse $158/month per unit for water/sewer/garbage plus pay their own electric. Required on-site management (5%) makes ownership hands-off for local or out-of-area investors. Owner-occupants may qualify for FHA/VA financing. Community playground and sport court. Minutes to I-5, Hwy 18, shopping, and the Federal Way light rail station. Priced below the most recent sale of an identical floor plan in the community. Seller intends to complete a 1031 exchange; buyer to cooperate at no cost or liability to buyer.

Location

State WA

County King

Area 110 - Dash Point/Federal Way

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Deck, High Speed Internet, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Panther Lake Elem

Middle Schools Illahee Jnr High

High Schools Todd Beamer High

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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

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34005 1st CIR S