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506 S 321st Street , 1-B

Federal Way, WA 98003
  • $310,000
  • STATUS: Pending
  • ON SITE: 38 Days
  • MLS #: 1915728
Under Contract
UPDATED: 26 min ago
$310,000
  • 3
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,011
    SQFT
  • $307
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1979
County:

School Ratings & Info

School District:
Listing Courtesy of Marketplace Sotheby's Int Rty.

Description

**Investor Alert** Great opportunity to add to your rental portfolio with existing section 8, very long term tenant, that would like to stay. Rare 3 bedroom, 1 bath, single level Condo living. Current lease below market value ($1450/mo). Current KCHA rental cap for 3 bedroom in this zip code is $2100/mo. Opportunity for capital improvements. Tenant month to month. This unit grandfathered into Rental Cap.

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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 Shane Family Realty | Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T15:15:40.837.

www.shanefamilyrealty.com/homes/127663321
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506 S 321st Street , 1-B Federal Way, WA 98003

  • Price: $310,000
  • Status: Pending
  • On Site: 38 Days
  • Updated: 26 min ago
  • MLS #: 1915728
3
Beds
1
Baths
0
½ Baths
N/A
Acres
1,011
SQFT
$307
$/SQFT
1979
Built
Neighborhood:
Federal Way
County:
King
Area:
Dash Pt/Fed Way
School District:
Federal Way
Property Description
**Investor Alert** Great opportunity to add to your rental portfolio with existing section 8, very long term tenant, that would like to stay. Rare 3 bedroom, 1 bath, single level Condo living. Current lease below market value ($1450/mo). Current KCHA rental cap for 3 bedroom in this zip code is $2100/mo. Opportunity for capital improvements. Tenant month to month. This unit grandfathered into Rental Cap.
Exterior Features

Carport YN No Entry Location Main Exterior Features Wood Floor Number Of Unit 1 Garage YN No Levels One Lot Features CurbsOpen Space Number Of Access Stairs 3 Open Parking YN No Parking Features Uncovered Roof Composition Structure Type Multi Family Style Code 30 - Condo (1 Level) View YN No Waterfront YN No

Interior Features

Appliance Hookups Cooking-ElectricDryer-ElectricWasher Appliances DishwasherMicrowaveRefrigeratorStove/RangeWasher Appliances Included DishwasherMicrowaveRefrigeratorStove/RangeWasher Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 1 Baths Full Upper 0 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 0 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 0 Building Area Total 1011 Fireplace YN Yes Fireplaces Main 1 Fireplaces Total 1 Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Forced AirWall Heating YN Yes Interior Features Forced AirWall To Wall CarpetBalcony/Deck/PatioCooking-ElectricDryer-ElectricWasherWater Heater Living Area 0 Main Level Bedrooms 3 Rooms Bathroom Full (Main Level) Bedroom (Main Level) Bedroom (Main Level) Dining Room (Main Level) Entry Hall (Main Level) Kitchen Without Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Main Level) Utility Room (Main Level) Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 360 Association Fee Frequency Monthly Association Fee Includes Cable TvCommon Area MaintenanceGarbageLawn ServiceSewerWater Building Name Campus Green Common Property Features Athletic Court Community Features Athletic Court Direction Faces North Dwelling Type Attached Energy Source Electric FIRPTAYN No Green Energy Efficient Insulated Windows Inclusions DishwasherMicrowaveRefrigeratorStoverangeWasher Irrigation Water Rights YN No Laundry Features Electric Dryer HookupWasher Hookup Listing Terms Cash OutConventional New Construction YN No Pets Allowed Subj To Restrictions Possession ClosingSee Remarks Power Production Type Electric Property Sub Type Condominium Rental Cap At Or Above Rental Cap (See Remarks) Senior Community YN No Senior Exemption No Special Assessment No Special Listing Conditions None Tax Annual Amount 2323 Tax Year 2021 Unit Features Balcony/Deck/PatioEnd UnitGround FloorInsulated WindowsWalk-In Closet Utilities Electricity AvailableCable ConnectedCommon Area MaintenanceGarbage Water Heater Location Closet Water Heater Type Electric

Listing information © 2022 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 Shane Family Realty | Keller Williams Tri-Cities 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 Shane Family Realty | Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T15:15:40.837.

 
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Shane Family Realty | Keller Williams Tri-Cities
830 N Columbia Center Blvd
Kennewick WA, 99336
Listing Courtesy of Marketplace Sotheby's Int Rty.