Bought with The Remlinger Group
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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $273
Subdivision Downtown Kent
MLS Listing ID 2070233
Sold Date 09/14/23
Style 54 - 4-Plex
Year Built 1957
Annual Tax Amount $10,062
Lot Size 0.331 Acres
Property Description
Attention investors. Fully occupied, downtown Kent 4-Plex just off Central Ave. 5-minute walk to the Sounder Light Rail, the restaurants & shops at Kent Station & entertainment at Showare Center. This 14,400 square foot lot has a mixed-use zoning, Downtown Commercial Enterprise, which allows for a variety of uses. Half of the lot is also empty, which allows for future development. A great investment now w/ huge upside potential in the land. 3 units are 2 bedrooms, & 1 unit is a one bedroom. Each has a garage & an additional storage locker. Coin operated laundry on site. Low maintenance landscaping. Easy access to Highway-167. Rents below market rates. Tenants are month to month for your flexibility. No signage. Please do not disturb Tenants
Location
State WA
County King
Area 330 - Kent
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Amenities Available Gas Available, RV Parking
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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