24856 96th Ave S, Kent, WA 98030

$698,500
2,400
SqFt

Listing courtesy of John L. Scott, Inc.

List Price
$698,500
Status
ACTIVE
MLS#
1525038
Days on Market
12
Style
52 - Duplex
Finished SqFt
2,400
Lot Size (sq ft)
9,112

Property Description

Tastefully updated duplex located in East Hill of Kent. Each unit; 1200SF, master suite, 2 guest beds, 2 baths, living & dining rm, inside laundry rm plus a finished two car garage w/painted floors. Garbage & Electric paid by Tenant. Over $100K in upgrades; applncs, doors & millwork, tubs & sinks, int/ext paint, HW heater, flooring & lighting. New tapered TPO roof w/thermal overlay & transferable warranty. Don't miss your chance to owner occupy or have a turn key investment w/instant cash flow.

Additional Information

List Date
2019-10-03 00:00:00
Community
Kent
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1974
Total Parking
8
Uncovered Parking
4
Exterior
Wood
Roof
Flat, See Remarks
Site Features
Cable TV, Fenced-Fully, Patio
Lot Details
Cul-de-sac, Dead End Street, Paved Street
School District
Kent
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Vacancy Rate
100
Gross Adjusted Income
$60,000
Annual Taxes
$4,731
Tax Year
2018
Insurance Expense
$800
W/S/G Expenses
$2,400
Total Expenses
$7,931
Net Operating Income
$52,069
Gross Rent Multiplier
11
Cap Rate
7

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1200
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1200
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