649 SW 331st Street , Federal Way, WA 98023

WA, Federal Way
$1,400,000
  • 12 Beds
  • 6 Bath
  • 0.30 Acre
  • Residential Income Property Type
  • 1910 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

1007 Decatur Is A Six-family, 25 Ft X 65 Ft Walk-up Apartment Building, Just One Block Off Of Broadway. The Building Is Fully Occupied, Offering Stable Cash Flow From Day One Of Ownership. All Units Are Large, Rent-stabilized Two Bedroom Units With Three Tenants On Preferential Leases. Tenants Pay Gas And Electric Offering Low Carrying Cost To The Owner. There Is Huge Upside In This Property By Way Of Future Vacancies And Renovation, And Raising Rents To The Legal Limit. Bushwick Is One Of The Most Popular Neighborhoods In Brooklyn And Has Seen Tremendous Appreciation In Property Value Over The Past Few Years. Close Proximity To The J And L Trains Offers Tenants An Easy Commute To Manhattan In 25 Minutes. Contact Brokers For Full Setup. Tours Are Available Upon Request

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2132253
  • Price: $1,400,000
  • Year Built: 1910
  • Lot Area: 0.30 Acre
  • Status: Active
  • Office Name: Coldwell Banker Danforth
  • Agent Name: Sunny Mays
  • Full Bathrooms: 2
  • Property Sub Type: Multi-Unit (5+)
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System Central A/C,Forced Air
  • Basement None
  • Fireplace Gas
  • Parking Attached Garage
  • Sewer Sewer Connected
  • Architectural Style Contemporary
  • Exterior Features Wood
  • Fireplaces Total: 2
  • Flooring Carpet,Vinyl,Hardwood
  • Interior Features Ceiling Fan(s),Walk-In Closet(s),Wet Bar,Skylight(s),Vaulted Ceiling(s),Wall to Wall Carpet,Double Pane/Storm Window,Dining Room,Security System,Sprinkler System,Fireplace,Water Heater,Hardwood,Bath Off Primary,Built-In Vacuum,French Doors,Jetted Tub,High Tech Cabling
Appliances
  • Dishwasher
  • Disposal
  • Refrigerator
  • Microwave
  • Dryer
  • Washer
  • Stove/Range
Address Map
  • Country US
  • State WA
  • County King
  • City Federal Way
  • Zipcode 98023
  • Street: 331st
  • Street Number: 649
  • Street Suffix: Street
  • Longitude: W123° 39' 23.9''
  • Latitude: N47° 18' 15.7''
  • Street Dir Prefix: SW
  • Direction Faces: North
  • Mls Area Major: 110 - Dash Point/Federal Way
Neighborhood
  • Elementary School: Panther Lake Elem
  • High School: Todd Beamer High
  • High School District: Federal Way
  • Middle School: Illahee Jnr High
Additional Information
  • Water Source: Public
  • Attached Garage: Yes
  • Community Features: Playground,Athletic Court,CCRs,Trail(s)
  • Foundation Details: Poured Concrete
  • Garage: 3
  • Levels: Two
  • On Market Date: 2023-07-14
Financial
  • Tax Annual Amount: 7836
  • Association: Yes
  • Association Fee: 60
  • Association Fee Frequency: Monthly
Listing Information
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-06T04:02:03Z
  • List Agent Mls Id: 21443
  • List Office Mls Id: 1085
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
9°C Federal Way
Monday, 23 December Moderate Rain 8 / 10
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$
MLS On The Fly

Schedule Appointment

Fill out the form below, and we will be in touch shortly.