729 1st Avenue S
Kent, WA 98032
- – beds
- – baths
- 3,992 sqft
- 9,329 sqft lot
- $288 per sqft
- 1996 build
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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)
Last checked:
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Last updated Sep 5, 2024
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MLS# 2039401 —
The Building
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Year Built:1979
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Year Built:1996
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Roof:Composition
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Foundation Details:Poured Concrete
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Security Features:SecurityGate, PartiallyFenced
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Exterior Features:Metal/Vinyl
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Units In Building Total:4
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# of Units Total:4
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Stories Total:2
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Building Area Total:3992
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Building Area Units:Square Feet
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Calculated SqFt:3992
Interior
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Interior Features:Laminate, Wall to Wall Carpet
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Furnished:Unfurnished
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Flooring:Laminate, Vinyl Plank, Carpet
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Fireplace:false
Financial & Terms
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Possession:Tenant's Rights
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Buyer Financing:Conventional
Location
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Latitude:47.374422
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Longitude:-122.233644
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Directions:From Central Ave head west on Willis to 1st Ave S. South on 1st and the building is on your right.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Very Good
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Parcel Number:9197100323
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Lot Size Units:Square Feet
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Lot Size Dimensions:161.5x57
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Lot Size Acres:0.2142
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Lot Size SqFt:9329
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Lot Size Source:Realist
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 228-6043
- Office phone:
- (206) 228-6043
Taxes
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Tax Year:2022
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Tax Annual Amount:10400
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Wall Unit(s)
Utilities
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Water Company:City Of Kent
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Kent
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Power Company:Puget Sound Energy
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Cable Connected:Comcast
Schools
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High School District:Kent
The Community
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Subdivision Name:Kent
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Senior Community:false
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Association:false
Parking
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Parking Total:10
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Parking Uncovered Spaces:10
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Open Parking:true
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Open Parking Spaces:10
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Carport:false
Listing courtesy of NWMLS / Global Real Estate Group. Bought with Professional Realty Services.
Walk Score®
Provided by WalkScore® Inc.
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 |