2900 sqft | 0.19 acres | #2314281
Description
Cash-flowing duplex in downtown Kent with a *7.99% cap rate* and $6,500 in monthly rental income. Perfect for investors and house hackers, this fully remodeled property features a spacious 4-bed, 1.75-bath upstairs unit with a month-to-month tenant paying $4,000/month and a vacant 3-bed, 1-bath downstairs unit ready for owner-occupancy or pro forma rents at $2,500/month. Renovated throughout with modern kitchens, new flooring, and more! Detached garage, carport, and 5 additional uncovered parking spaces located high on scenic hill with beautiful views of the mountains and walking distance to dt Kent, a city experiencing robust economic growth, close to shopping, dining, and transit. Don’t miss this rare, high-yield investment opportunity!
Property Details
- Exterior FeaturesCable TV, Fenced-Fully, Gated Entry, Outbuildings, Patio, RV Parking, Shop
- InteriorLaminate, Wall to Wall Carpet
- Exterior MaterialsWood, Wood Products
- Date ListedDecember 03, 2024
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Style52 - Duplex
- Property ConditionRemodeled
- Original List Price$895,000
- MLS #2314281
- MLS #2314281
- Acres0.1949
- Utility SourcePublic
- Taxes Annual$5,268
- Cost895000
- Structure TypeDuplex
- Lot DescriptionPaved
- ViewCity
- Square Feet2900
- Year Built1907
- SubdivisionKent
- School DistrictKent
- CountyKing
- Stories3
- Days on Market (Cumulative)8
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-03 23:20:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Amanda Shepherd (#NWM97711)
Listing Office: Mosaic Realty (#NWM6439)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
