$ 959,500
-
$959,500
Price -
8
Bed -
8
Bath -
4,036
SqFt -
0.24
Acre
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About the Listing 4317 - 38560
Rarely available townhome-style 4-plex in the professionally managed Panther Lake community, offering some of the largest floor plans in the complex. Each two-level unit features 2 bedrooms, 1.5 baths, and approx 1,009 SF per builder/management. The main floor offers a living room with wood-burning fireplace, separate dining room, kitchen, half bath, and in-unit washer/dryer; upstairs are two bedrooms with double closets and a full bath. Two private decks per unit. Current rents $1,600-$1,850 with upside toward the $1,895 market rate for this plan. Four carport spaces plus additional parking. HOA dues cover water, sewer, garbage, exterior maintenance, and grounds, and tenants reimburse $158/month per unit for water/sewer/garbage plus pay their own electric. Required on-site management (5%) makes ownership hands-off for local or out-of-area investors. Owner-occupants may qualify for FHA/VA financing. Community playground and sport court. Minutes to I-5, Hwy 18, shopping, and the Federal Way light rail station. Priced below the most recent sale of an identical floor plan in the community. Seller intends to complete a 1031 exchange; buyer to cooperate at no cost or liability to buyer.
Listing Highlights for 34005 1st Cir S
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Cable TV,Deck,High Speed Internet,Patio,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood,Wood Products,Good
- Sewer: Sewer Connected
- Parking Features: Covered,4 or More Carport
Financial Details
- Tax Amount: $10,346
- Taxes w/Assessments: N/A
- Tax/Property ID: 1322020350
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
34005 1st Cir S Federal Way, WA 98003
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