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!
|
DAYS ON MARKET
|
23
|
LAST UPDATED
|
12/16/2024
|
|
TRACT
|
Kent
|
YEAR BUILT
|
1907
|
|
COMMUNITY
|
Kent
|
COUNTY
|
King
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Buyer To Verify |
| Jr. High School |
Buyer To Verify |
| High School |
Buyer To Verify |
|
Prior to Dec 16, '24
|
$895,000
|
| Dec 16, '24 - Today |
$850,000 |
| AIR |
None |
| AREA |
330 - Kent |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric, Forced Air, Natural Gas |
| INTERIOR |
Laminate, Wall to Wall Carpet |
| LOT |
8490 sq ft |
| LOT DESCRIPTION |
Paved |
| PARKING |
RV Access/Parking |
| STORIES |
3 |
| STYLE |
52 - Duplex |
| SUBDIVISION |
Kent |
| TAXES |
5268 |
| UTILITIES |
Cable Available, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Janet
Lewis to contact you even if your name is on a Federal or State
"Do not call List".
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/26/24 2:27 AM PST. 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.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2024.
Twitter
Facebook
Email