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253-691-8561
Terrafin Real Estate
34007 1st Circle S, Federal Way, WA 98003
- $1,250,000
Listing Broker: Northmarq Multifamily, LLC; Taylor Wyman; 952-356-0100; twyman@northmarq.com
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- 2590067
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1979
- Lot Size
- 17,999
- Acres
- 0.41
- Subdivision
- Panther Lake
- Neighborhood
- Panther Lake
- MLS Area Major
- Dash Point/Federal Way
Property Description
Panther Lake Apartments is a 6-unit building built in 1979, located in Federal Way. All units are 1,000 SF with two bedrooms, one bathroom, in-unit washer & dryers, wood-burning fireplaces, private patios/balconies and covered parking. All new windows, sliders, exterior paint, and electrical panels in last two years. As part of a larger residential community, residents benefit from shared amenities including on-site management, a playground, and tennis courts. Located just 2 miles from the Light Rail station and 1.5 miles from I-5, the property offers convenient access to Tacoma, Seattle, and the broader Puget Sound region. Priced at $208K per unit with a cap rate of 6.7%.
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Additional Information
- Amenities
- Playground
- Exterior Features
- Cement Planked
- Property Description
- 55 - 5-9 Units
- Flooring
- Vinyl, Vinyl Plank, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition, Torch Down
- School District
- Federal Way
- Elementary School
- Panther Lake Elem
- Middle School
- Federal Way Public A
- High School
- Federal Way Snr High
- View
- Territorial
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.