2711 S 256 Street, Kent, WA 98032
- $850,000
- 2,716
- SqFt
Listing courtesy of Masterpiece Real Estate.
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 1931447
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,716
- Area Total SqFt
- 2716
- Lot Size (sq ft)
- 7,398
Property Description
Investment opportunity in well-established neighborhood. The property has been producing good income for the Seller for years. New roofing was installed in 2021, exterior painting and decking were recently updated. Unit C was recently updated.
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Additional Information
- List Date
- 2022-05-12 21:59:10
- Community
- East Hill
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Fenced-Fully
- Heating/Cooling Type
- Baseboard
- Other Expenses
- 6603
- Energy Source
- Electric
- School District
- Federal Way
- Total Monthly Income
- $3,575
- Gross Scheduled Income
- $42,900
- Gross Adjusted Income
- $42,900
- Tax Year
- 2021
- Insurance Expense
- $2,268
- Total Expenses
- $16,012
- Net Operating Income
- $26,585
- Gross Rent Multiplier
- 19.8
- Cap Rate
- 3.1
