640 5th AVE S new to site

Kent,WA 98032

$ 1195000

8 Beds

6 Baths

3840 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $311

Subdivision Kent

MLS Listing ID 2359911

Style 54 - 4-Plex

Bedrooms 8

Year Built 1980

Annual Tax Amount $10,120

Lot Size 0.275 Acres

Property Sub-Type Multi Family

Property Description

Great multi-unit opportunity! Town home-style 4-plex with sizeable 2 bed 1.5 bath units that each come with washer/dryers, dishwashers, garbage disposals, and private patios with parking for up to 8 cars! Conveniently located near Kent Station and easily accessible to highways 167 and 516. Very low vacancy. Current owners have spent around $100K to-date. 3 out of 4 units have undergone major renovations over the past 4 years. Fresh exterior paint. Property has been maintained very clean with home warranty. Tenants pay electricity and gas. Cap rate 7.2%. Pre inspected. Total rent per month $7210.

Location

State WA

County King

Area 330 - Kent

Interior

Flooring Laminate,Vinyl,Carpet

Exterior

Exterior Feature Wood

Amenities Available Patio

View Y/N No

Roof Type Composition

Building

Lot Description Curbs,Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Scenic Hill Elem

Middle Schools Mill Creek Mid Sch

High Schools Kent-Meridian High

School District Kent

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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