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 and occupied property features a spacious 4-bed, 1.75-bath upstairs unit $4,000/month and a 3-bed, 1-bath downstairs unit at $2,500/month. Both leases are flexible month-to-month to suit your needs. Renovated throughout with modern kitchens, new flooring, updated baths, new roof, plumbing & more. Detached garage, carport, +5 additl 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!
|
LAST UPDATED
|
3/24/2025
|
NEIGHBORHOOD
|
Kent
|
|
YEAR BUILT
|
1907
|
COMMUNITY
|
Kent
|
|
COUNTY
|
King
|
STATUS
|
Pending
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Buyer To Verify |
| Jr. High School |
Buyer To Verify |
| High School |
Buyer To Verify |
|
Prior to Mar 5, '25
|
$850,000
|
| Mar 5, '25 - Today |
$795,000 |
| AIR |
None |
| AREA |
330 - Kent |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric, Forced Air, Natural Gas |
| INTERIOR |
Laminate, Wall to Wall Carpet |
| LOT |
8490 sq ft |
| MLS STATUS |
Pending |
| 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 |
| ZONING |
Multi-Family |
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