24860 96th Ave S, Kent, WA 98030

$549,000
4,120
SqFt

Listing courtesy of ShopProp Inc..

List Price
$549,000
Status
PENDING
MLS#
1516331
Days on Market
11
Style
54 - 4-Plex
Finished SqFt
4,120
Lot Size (sq ft)
9,500

Property Description

High earning potential Quadruplex on a dead-end street in cul-de-sac. Three large units and a capacious unit with a patio and a driveway to a private entrance. On-site coin-op laundry for tenants. Close to Kent Station and businesses. Easy access to highway 167 and Sounder train.

Additional Information

List Date
2019-09-09 00:00:00
Community
East Hill
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional, VA
Year Built
1976
Total Parking
8
Uncovered Parking
8
Exterior
Wood
Roof
Composition
School District
Kent
Elementary School
Meadow Ridge Elem
Middle School
Mill Creek Mid Sch
High School
Kent-Meridian High
Total Monthly Income
$4,495
Gross Scheduled Income
$53,940
Vacancy Rate
3
Gross Adjusted Income
$53,122
Annual Taxes
$7,667
Tax Year
2019
Insurance Expense
$1,538
W/S/G Expenses
$5,900
Total Expenses
$16,455
Net Operating Income
$36,667
Gross Rent Multiplier
10
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
1260
Unit 1 Rent
$1,375
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
950
Unit 2 Rent
$1,150
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
950
Unit 3 Rent
$1,010
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
740
Unit 4 Rent
$960
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