Bought with Skyline Properties, Inc.
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2703 S 256 Street Pl Kent, WA 98032
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Key Details
Sold Price $871,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,646 sqft
Price per Sqft $329
Subdivision West Hill
MLS Listing ID 1813797
Sold Date 11/10/21
Style 54 - 4-Plex
Year Built 1977
Annual Tax Amount $7,140
Lot Size 7,410 Sqft
Property Description
Great investment opportunity, Investor' Dream for a 4-Plex that generate substantial positive cash flow, great Cap Rate.
Well maintained Two 2Bedroom/ 1Bath and Two 1Bedroom/ 1Bath units. all unit are long term Section 8 tenants with stable rents. Updated exterior with brand new 30 years shingle roof, updated stucco siding and new commercial Speed Queen Coin-Op Washer / Dryer for extra income. Unit A and B are completed with new tile flooring, Bathroom updates and new Kitchen Cabinets with Quart Countertop. All units have yearly lease and extremely low vacancy rate. Buyer to verify all information to their satisfactory.
Location
State WA
County King
Area 330 - Kent
Interior
Interior Features Ceramic Tile, Laminate
Flooring Ceramic Tile, Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Stucco
Utilities Available Sewer Connected, Electric
Amenities Available Deck, Patio
Waterfront No
View Y/N No
Roof Type See Remarks
Building
Lot Description Corner Lot
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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