2916 S 220th Street Des Moines, WA 98198
Listing Courtesy of: Northwest MLS / Homes & Equity Real Estate Grp

  2916 S 220th Street Des Moines, WA 98198

Active (1 Days)
$569,950

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!

MLS #:
2308204
Taxes
$5,453(2024)
Lot Size
7,418 SQFT
Type
Multifamily
Building Name
Smith Orman Add
Year Built
1965
Style
Duplex
Views
Partial, Mountain(s)
School District
Highline
County
King County
Community
Des Moines

Listed By

Mo Abdi, Homes & Equity Real Estate Grp
Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 7 2024 at 1:55 AM GMT+0000
Bathroom Details
Interior Features
  • Laminate Hardwood
Subdivision
  • Des Moines
Lot Information
  • Paved
  • Dead End Street
  • Corner Lot
Property Features
  • Rv Parking
  • Gas Available
  • Electric Car Charging
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
  • Baseboard
Flooring
  • Vinyl
  • Laminate
Exterior Features
  • Wood
  • Roof: See Remarks
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Parking
  • Rv Parking
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 2024 11/6/24 17:55. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.