WA > Kent > Panther Lake
Kent, WA 98031,20244 108th AVE SE
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Kent, WA 98031,20244 108th AVE SE
Kent, WA 98031,20244 108th AVE SE
Kent, WA 98031,20244 108th AVE SE
Kent, WA 98031,20244 108th AVE SE
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Niki Shelton

Niki Shelton

REAL Broker LLC

+1(360) 710-4742
Listed by Dove Realty, Inc.
$ 1,275,000
Est. payment /mo
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Pending

20244 108th AVE SE Kent, WA 98031

8 Beds

3 Baths

2,380 SqFt

UPDATED:

11/14/2024 04:12 AM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

Square Footage 2,380 sqft

Price per Sqft $535

Subdivision Panther Lake

MLS Listing ID 2285401

Style 16 - 1 Story w/Bsmnt.

Bedrooms 8

Full Baths 3

Year Built 1955

Annual Tax Amount $6,339

Lot Size 1.063 Acres

Property Description

Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42,181

Location

State WA

County King

Area 340 - Renton/Benson Hill

Interior

Interior Features Second Kitchen, Hardwood, Wall to Wall Carpet

Flooring Hardwood, Vinyl, Vinyl Plank, Carpet

Fireplace false

Appliance See Remarks

Exterior

Exterior Feature Wood

Amenities Available Fenced-Fully

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Secluded, Value In Land

Story One

Sewer Available, Septic Tank

Water Public, See Remarks

New Construction No

Schools

Elementary Schools Glenridge Elem

Middle Schools Meeker Jnr High

High Schools Kentridge High

School District Kent

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

Niki Shelton

Broker | License ID: 120959

+1(360) 710-4742

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20244 108th AVE SE