Bought with COMPASS
$950,000
$930,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2,891 SqFt
SOLD DATE : 05/24/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,891 sqft
Price per Sqft $328
Subdivision Kent
MLS Listing ID 2212630
Sold Date 05/24/24
Style 54 - 4-Plex
Year Built 1962
Annual Tax Amount $10,109
Lot Size 10,415 Sqft
Property Description
GREAT CONFORMING 4PLEX; VALUE ADD OPPORTUNITY! Great long term for growth by Light Rail! 1 unit vacant @ close for owner/occupant. Conventional Mtg. or Owner/Occ with Low Down FHA/VA Finance & tenants pay most of your mortgage! 4 identical units - 2 Beds, 1 Bath, Washer/Dryer, 732 sq ft, Kitchen has room for Dining Table, Big Living Room. Professionally Managed. New Sump Pump & French Drain, new Water Heaters last 18 months. New Roof 2015. Units 1 & 4 have new paint, carpet, lighting. 2 paved parking spots per unit. Below Market Rents. Make an extra $1,200/month in cash flow! Amazing location. Walk to Kent Station, Light Rail in 5 minutes. Great for commutes - Quick access to freeway, restaurants, shopping, movies, etc. GREAT INVESTMENT!
Location
State WA
County King
Area 330 - Kent
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Partially
Waterfront No
View Y/N No
Roof Type Flat
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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