8042 S 200th Street, Kent, WA 98032
- $865,000
Listing courtesy of John L. Scott, Inc. Selling Office: Green Path Real Estate.
- Sold Price
- $865,000
- List Price
- $878,000
- Status
- SOLD
- MLS#
- 2167777
- Closing Date
- Feb 23, 2024
- Days on Market
- 81
- Annual Tax Ammount
- 5933
- Internet Provider
- Comcast
Property Description
Incredible opportunity in an ideal location of Kent! Multi use property. Mixed industrial zoning. Upgraded one story home with versatile basement. Interior has been upgraded. Perfect commercial office space. New furnace and hot water tank. New luxury vinyl plank, cabinetry, finishes. Currently in use for construction operations. Ample room for vehicle / equipment storage. Gated, fully fenced property with level topography for prime usage on a great corner lot. Unbeatable location, in the path of progress! Amazing long play / investment opportunity. Situated in Kent within close proximity to Renton, SeaTac, Seattle and all city amenities. Easy access to I5, 167 and 405.
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Additional Information
- Community
- Kent
- Building Condition
- Remodeled
- Style
- 70 - Industrial
- Year Built
- 1952
- # of Assigned Spaces
- 14
- Roof
- Metal
- Tax Year
- 2023
- Potential Terms
- Cash Out, Owner Financing
- Flooring
- Vinyl Plank
- Driving Directions
- Starting at Central turn W onto S 200th St, home on corner of S 200th and 81st St.
- Electric Expenses
- 1800
- Energy Source
- Electric
- Net Operating Income
- $59,616
- Gross Adjusted Income
- $72,000
- Gross Scheduled Income
- $72,000
- Water/Sewer/Garbage Expenses
- $3,600
- Cap Rate
- 6.7
- Total Expenses
- $12,384
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.