Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $110k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039429)
Listing courtesy of NWMLS / Global Real Estate Group
Last checked:
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Last updated Aug 17, 2023
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MLS# 2039401 —
The Building
Year Built:
1979
Year Built:
1996
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Quadruplex
Exterior Features:
Metal/Vinyl
Roof:
Composition
Units In Building Total:
4
Foundation Details:
Poured Concrete
# of Units Total:
4
Stories Total:
2
Building Area Total:
3992
Building Area Units:
Square Feet
Calculated SqFt:
3992
Interior
Interior Features:
Laminate, Wall to Wall Carpet
Furnished:
Unfurnished
Flooring:
Laminate, Vinyl Plank, Carpet
Fireplace:
false
Financial & Terms
Possession:
Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.374422
Longitude:
-122.233644
Directions:
From Central Ave head west on Willis to 1st Ave S. South on 1st and the building is on your right.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Very Good
Parcel Number:
9197100323
Lot Size Units:
Square Feet
Lot Size Dimensions:
161.5x57
Lot Size Acres:
0.2142
Lot Size SqFt:
9329
Lot Size Source:
Realist
Zoning Jurisdiction:
City
View:
false
Waterfront:
false
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 228-6043
Office phone:
(206) 228-6043
Taxes
Tax Year:
2022
Tax Annual Amount:
10400
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Wall Unit(s)
Utilities
Water Company:
City Of Kent
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
City Of Kent
Power Company:
Puget Sound Energy
Cable Connected:
Comcast
Schools
High School District:
Kent
The Community
Subdivision Name:
Kent
Senior Community:
false
Association:
false
Parking
Parking Total:
10
Parking Uncovered Spaces:
10
Open Parking:
true
Open Parking Spaces:
10
Carport:
false
Listing courtesy of NWMLS / Global Real Estate Group
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
8/15/23
Aug 15, 2023
Sold
NWMLS
$1,150,000
-7.9%
6/8/23
Jun 8, 2023
Pending
NWMLS
$1,249,000
4/28/23
Apr 28, 2023
Relisted
NWMLS
$1,249,000
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No additional history available
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Multifamily
Sold
on 8/15/2023
$1,150,000
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Listing courtesy of NWMLS / Global Real Estate Group
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Global Real Estate Group and should be verified by the buyer.
Checking…
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Last updated Aug 17, 2023
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