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729 1st Avenue S

Kent, WA 98032
  • $1,249,000
  • STATUS: Pending Inspection
  • ON SITE: 20 Days
  • ID#: 2039401
Under Contract
UPDATED: 12 min ago
$1,249,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,992
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Global Real Estate Group. Sold by .

Description

Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $105k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039429)

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-22T22:14:26.307. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-22T22:14:26.307. 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.
www.frontstreetrealty.com/homes/137340737
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729 1st Avenue S Kent, WA 98032

  • Price: $1,249,000
  • Status: Pending Inspection
  • On Site: 20 Days
  • Updated: 12 min ago
  • ID#: 2039401
0
Beds
0
Baths
0
½ Baths
0.21
Acres
3,992
SQFT
$313
$/SQFT
1979
Built
Neighborhood:
Kent
County:
King
Area:
Kent
School District:
Kent
Property Description
Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $105k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039429)
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Lot Size Dimensions 161.5X57 Open Parking Spaces 10 Open Parking YN Yes Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 3992 Cooling YN No Fireplace YN No Flooring LaminateVinyl PlankCarpet Furnished Unfurnished Heating YN Yes Interior Features LaminateWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 11 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaRehab LoanVa Loan Net Operating Income 81223 New Construction YN No Possession Tenant's Rights Power Company Puget Sound Energy Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Kent Site Features Cable TvFenced-FullyGated EntryHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 10400 Tax Year 2022 Units In Building Total 4 Water Company City Of Kent Water Source Public Year Built Effective 1996 Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-22T22:14:26.307. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-22T22:14:26.307. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2039401-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2039401-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2039401-1.jpg
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Front Street Realty
22 NW Front Street Suite B
Coupeville WA, 98239
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Global Real Estate Group. Sold by .