112 Kennebeck AVE S Active

Kent,WA 98030

$ 850000

7 Beds

3 Baths

2900 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $293

Subdivision Kent

MLS Listing ID 2314281

Style 52 - Duplex

Bedrooms 7

Year Built 1907

Annual Tax Amount $5,268

Lot Size 8,489 Sqft

Property 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!

Location

State WA

County King

Area 330 - Kent

Interior

Flooring Laminate,Vinyl,Carpet

Exterior

Exterior Feature Wood,Wood Products

Amenities Available Cable TV,Fenced-Fully,Gated Entry,Outbuildings,Patio,RV Parking,Shop

View Y/N Yes

View City

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Kent

Others

Acceptable Financing Cash Out,Conventional,FHA,Owner Financing,See Remarks,VA Loan

Listing Terms Cash Out,Conventional,FHA,Owner Financing,See Remarks,VA Loan

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