Active
  • Listed by: 

    Tina Lee,

    WPI Real Estate Services, Inc.,

    Tsz Chun Lo,

    WPI Real Estate Services, Inc.

    $479,000

    851 1st Avenue N, Kent, WA 98031

    2beds
    2baths
    1,150sqft
    : 
    Duplex
    Built in 1955
    -- sqft lot
    $474,100 Zestimate®
    $417/sqft
    $-- HOA

    What's special

    Additional front parkingKitchen with eating spaceLarge on-site storagePrivate entrances
    Rare 6.5%+ Cap Rate Duplex in Prime Downtown Kent Location! Incredible investment opportunity! This fully leased duplex offers strong cash flow with current rents of $1,450–$1,550 per unit and an estimated 6%+ cap rate. Each unit features 575 sq ft of living space with 1 bedroom, 1 full bathroom, a kitchen with eating space, cozy living room, and stackable washer/dryer. Tenants enjoy private entrances, carport parking with alley access, large on-site storage, and additional front parking. Conveniently located within walking distance major Park & Ride. Excellent long-term rental history and unbeatable location make this a perfect choice for owner-occupants or investors seeking immediate income and long-term value.
    65 days
    |
    496
    |
    14
    |
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