28426 16th Ave S 1-6 Federal Way, WA 98003

Cap is 4.87%.Pro Forma = 6% Exceptional Opportunity! 6-unit deluxe condo building. All units = 1224 SF 2 Bed 1.5 Bth, fireplace. This is a unique opportunity to own the building, rent out or sell units individually. The HOA is already set up, the 6 tax parcels split, and all the work is done. This exceptional building above Redondo with Puget Sound views from upper floors. Completely remodeled with customized cabinets, all stainless-steel appliances, slab granite counters and cherry hardwood floors, travertine, natural stone tile and cushy carpet in the bedrooms. Main bath is over-sized with a deep soaking tub. This is basically a turnkey building of condominiums at a volume discount price! DON’T BOTHER OCCUPANTS. Sq Ftg per old appraisal.