Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1958
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 127551
Insurance Expense 3371
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown Kent
Special Listing Conditions None
Status Active
Directions Take I-5 I-405 N and WA-167 S to Willis St in Kent. Take the WA-516/Willis St exit from WA-167 S
City Kent
Senior Community Y/N N
High School District Kent
Open Parking Spaces 10
Number Of Units Total 8
MLS Area 330 - Kent
Lot Size Units Square Feet
Lot Size Square Feet 8156
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 12879
Electric Expense 2000
Fuel Expense 0
Public Remarks Fully occupied 7.39% cap rate + Value-add in downtown Kent location - Mixed-use building with 3 retail units and 5 apartments boasts strong in-place rents and ability to renovate remaining two apartm
Leasable Area 8376
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 12336
Property Style 55 - 5-9 Units
Cap Rate 7.39