412 E Meeker Street, Kent, WA 98030

$520,000
1,580
SqFt

Listing courtesy of COMPASS.

List Price
$520,000
Status
ACTIVE
MLS#
2019480
Price Change
▼ $50,000 1673596298
Days on Market
43
Style
54 - 4-Plex
Finished SqFt
1,580
Area Total SqFt
1580
Annual Tax Ammount
6357.42
Lot Size (sq ft)
5,741
Sewer
Sewer Connected

Property Description

INVESTOR ALERT! Wonderful and affordable opportunity for a 4Plex in Downtown Kent! Conveniently located and walkable to Kent Station for restaurants, shopping and transportation. Property is dual zoned for commercial and residential which can include retail, wholesale, industrial and commercial. Parking onsite for 2 cars and additional street parking right out front. All units are currently rented and tenants stay for 10+ years. Rents are below market so opportunity for more income! Bring your imagination and build your own wealth for generations to come!

Additional Information

List Date
2022-12-17 01:44:09
Community
Downtown Kent
Gross Adjusted Income
$17,000
Gross Scheduled Income
$27,600
Total Monthly Income
$2,300
Insurance Expenses
$982
Water/Sewer/Garbage Expenses
$2,460
Total Expenses
$10,999
Total Number of Units
4
Unit Name
412
Potential Terms
Cash Out, Conventional
Year Built
1931
Roof
Composition
Site Features
Fenced-Partially
Heating/Cooling Type
Wall
Electric Expenses
1200
Energy Source
Electric
School District
Kent
Elementary School
Scenic Hill Elem
Middle School
Mill Creek Mid Sch
High School
Kent-Meridian High
Total Monthly Income
$2,300
Gross Scheduled Income
$27,600
Gross Adjusted Income
$17,000
Tax Year
2022
Insurance Expense
$982
W/S/G Expenses
$2,460
Total Expenses
$10,999
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