23113 107th Place SE, Kent, WA 98031

$650,000
2,409
SqFt

Listing courtesy of Triplar Properties.

List Price
$650,000
Status
ACTIVE
MLS#
1678540
Days on Market
11
Style
52 - Duplex
Finished SqFt
2,409
Lot Size (sq ft)
7,630

Property Description

2 houses on 1 lot! In Prime Kent location, newly renovated from head to toe, this 1650 sq ft home comes with Fully refreshed ADU (2 bed 1 bath, 759 Sq ft) for extra rental Income. 6% CAP RATE! Stainless Steel Appliances, double paned windows, french doors, vinyl plank floors, quartz counters and RV Parking. Non-conforming Duplex that can make you money while you own your own home. Great for investment or Primary residence. 5 Minutes from 167, and very close to 405, and I5.

Additional Information

List Date
2020-10-16 00:00:00
Community
Kent
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1961
Total Parking
5
Uncovered Parking
4
View
Territorial
Exterior
Brick, Wood, Wood Products
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
Lot Details
Paved Street
School District
Kent
Total Monthly Income
$4,000
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Annual Taxes
$4,216
Tax Year
2020
Insurance Expense
$1,200
W/S/G Expenses
$3,000
Total Expenses
$8,416
Net Operating Income
$39,584
Gross Rent Multiplier
13
Cap Rate
6

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
1.75
Unit 1 Size
1650
Unit 1 Rent
$2,500
Unit 2 Beds
2
Unit 2 Size
759
Unit 2 Rent
$1,500
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