Bought with Westlake Associates, Inc.
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Key Details
Sold Price $4,050,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,900 sqft
Price per Sqft $254
Subdivision Kent
MLS Listing ID 1859073
Sold Date 03/21/22
Style 56 - 10+ Units
Year Built 1962
Annual Tax Amount $33,199
Lot Size 1.075 Acres
Property Sub-Type Multi-Family
Property Description
21-Unit apartment community. The property is situated on a 1.07 acre lot sitting on two parcels, less than a mile away from Kent Station light rail stop. The apartments have front and back entrances that open up to grassy rear yards. The unit interiors feature full size washer and dryer hookups, vaulted ceilings, and fireplaces in the end units. Fifteen (15) of the units have been remodeled within the last several years with new flooring, countertops, cabinetry, mill work, and trim. The apartments are separately metered for water usage which the tenants pay for directly. Some recent capital expenditures include new parking lot resurfacing, new double torch down roofs, and new utility garage that can be used for management or tenant storage.
Location
State WA
County King
Area 330 - Kent
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Torch Down
Building
Sewer Sewer Connected
New Construction No
Schools
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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Diana Ferguson
Principal Broker | License ID: 200503157
Principal Broker License ID: 200503157