$1,380,000
Rare and exceptional investment opportunity in downtown Kent! Situated on an 11,835 SF I2-zoned parcel, the recently updated fourplex offers a compelling combination of immediate cash flow and future flexibility. This investment offers nearly $90,000 in current annual rental income with three 2-bedroom units and one 1-bedroom unit, all thoughtfully designed on a single level. Each unit includes ensuite laundry, newer appliances, hard flooring and quartz countertops. The property has been well maintained and updated with new windows, water heaters and forced air heat for comfortable interiors. Tenants pay their own utilities, keeping owner expenses low. The substantial site features a highly functional layout, combining the existing building footprint with ample parking and open areas. The approximately 10 parking spaces provide exceptional convenience, and a large backyard adds value. Ideally positioned in a commercial/industrial area with convenient access to major transportation routes, employment centers, shopping and services. A distinctive property offering four well-appointed residential units, abundant parking and a sizeable parcel in a highly accessible Kent location. Buyer to verify zoning, permitted uses and development potential with the City of Kent.
2590251
MLS
⋅
ACTIVE
Status
21902 84th Avenue S, Kent
Listing Broker: Coldwell Banker Danforth; Caroline L. Bouvier; 206-650-0431; caroline.l.bouvier@gmail.com
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