705 N 2nd Avenue N, Kent, WA 98032

$619,900

Listing courtesy of Windermere RE/South, Inc..

List Price
$619,900
Status
ACTIVE
MLS#
1950332
Days on Market
25

Property Description

Investment opportunity - duplex in downtown Kent. Walking distance to shopping, restaurants and Kent Station transit stop. Main house of duplex has been occupied by same tenant for 25 years. In good structural and working condition, needs some cosmetic upgrades but has beautiful hardwood floor and built-in storage cabinets. Smaller unit is 1BR and has been upgraded with new granite counters and s appliances and also beautiful hardwood floors. Both units have their owned fenced front and back yards. Has new roof and recently painted. Because this is a multi-zoned location and on a prominent traffic location, the value of this property is in the land. Opportunity to earn rental income while getting permits for future build.

Additional Information

Community
Downtown Kent
Building Condition
Fair
Style
62 - Business Opp.
Year Built
1948
Roof
Composition
Tax Year
2022
Potential Terms
Cash Out
Interior Features
Hardwood, Wall to Wall Carpet
Flooring
Hardwood, Vinyl, Carpet
Driving Directions
From 167 take 84th Ave S. exit toward N. Central. turn right onto 84th Ave S. Turn right onto E. James St. Turn right onto 2nd Ave.
Heating/Cooling Type
Baseboard
Energy Source
Electric, Natural Gas
Gross Scheduled Income
$31,080
Total Expenses
$4,671
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