22707 30th Avenue S Des Moines, WA $ 1,424,999
22707 30th Avenue S
$ 1,424,999
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22707 30th Avenue S

Des Moines, WA, 98198
$ 1,424,999
Baths0.0

Monthly Estimate*

$ 8,534

Listed by Coldwell Banker Bain
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Studio

Commercial Property for sale in Des Moines, WA

for $1,424,999. This building was built in 1962.

Seize a premier investment opportunity in Des Moines, WA! This six-unit property is located in a high-demand rental market with exceptional future growth and income potential. Its prime location near Seattle and Sea-Tac Airport ensures a steady stream of diverse tenants, from professionals to families. The property is well-maintained and move-in ready, allowing for immediate rental income. With low vacancy rates and strong rental demand, it promises consistent returns. Des Moines is poised for significant growth, making this property a smart investment choice. Don’t miss out—contact us today!

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Commercial Active

Price

$ 1,424,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,838

Style

Comm Bldg Und 10K

Year Built

1962

Town/City

Des Moines

County/Region

King

MLS | Web ID

2250131

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Tenant's Rights
Roof Torch Down
Exterior Features Wood Products
HOA 0
Year Built 1962
Property SubType Commercial Industrial
Tax Year 2023
County King
Net Operating Income 75231
Property Type Commercial Sale
Home Owner Assoc N
Subdivision Name Des Moines
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Off of Pacific Hwy So east onto 224th Street so on 30th Ave S building is on the right
City Des Moines
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 0
Carport Y/N N
Terms Cash Out Conventional
Tax Annual Amount 13838
Electric Expense 821.3
Property Condition Good
Public Remarks Seize a premier investment opportunity in Des Moines WA! This six-unit property is located in a high-demand rental market with exceptional future growth and income potential. Its prime location near
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 9375
Zoning Class Multi-Family
Water Sewer Garbage 4680
Property Style 60 - Comm Bldg Und 10K
Cap Rate 7
Adult Family Homes Commercial Industrial
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 7
Foundation Details Slab
Building Area Total 0
Lot Size Acres 0
Covered Spaces 7
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2250131
Street Number 1 22707
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* Excluded Features
List By
Monty W. Sisson

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$9,688
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,534
Monthly Property Taxes
$1,153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/30/2024$1,424,999 -5.00% Price Down
6/11/2024$1,499,999 Listed Price

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22707 30th Avenue S, Des Moines, WA, 98198 is a Commercial Property for sale at $1,424,999. 22707 30th Avenue S is a studio with 0.0 baths and was built in 1962. The property's zip code is 98198 which is in Des Moines, WA