8420 S 266th Street

    Kent, WA 98030
    • $625,000
    • STATUS: Pending Inspection
    • ON SITE: 31 days
    • ID#: 1460653
    Under Contract
    UPDATED: 60 min ago
    $625,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,290
      SQFT
    • $190
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Re/Max Integrity.

    Description

    Rare opportunity to own a fantastic 4-plex in fabulous rental location. All units 2 bed/1bath/823'. Fully remodeled past 4 years. Paint/carpet/floors/ appliances/counters/cabinets and so much more. New 25 year roof Oct/2019 (warranty transferable). Never vacant, always rented. Great tenants in place all below market value. W/D Hookup. All 4-units share large fenced back-yard. 2 parking spaces per unit. Easy access to Hwy 167/shops/restaurants and bus stop.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T19:15:49.77.

    www.nwhomeexperts.com/homes/100026265

    8420 S 266th Street Kent, WA 98030

    • Price: $625,000
    • Status: Pending Inspection
    • Updated: 60 min ago
    • ID#: 1460653
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    3,290
    SQFT
    $190
    $/SQFT
    1980
    Built
    Neighborhood:
    Kent
    County:
    King
    Area:
    Kent
    Elementary School:
    Scenic Hill Elem
    Middle School:
    Sequoia Jnr High
    High School:
    Kent-Meridian High
    School District:
    Kent
    Property Description
    Rare opportunity to own a fantastic 4-plex in fabulous rental location. All units 2 bed/1bath/823'. Fully remodeled past 4 years. Paint/carpet/floors/ appliances/counters/cabinets and so much more. New 25 year roof Oct/2019 (warranty transferable). Never vacant, always rented. Great tenants in place all below market value. W/D Hookup. All 4-units share large fenced back-yard. 2 parking spaces per unit. Easy access to Hwy 167/shops/restaurants and bus stop.
    Exterior Features

    Building Condition Remodeled Carport Spaces 0 Exterior Wood Foundation Slab Garage Spaces 0 Lot Details Paved Street Lot Dimensions 12600 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Laminate HardwoodLaminate TileWall to Wall Carpet Heating And Cooling Insert Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 823 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 823 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 823 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 823 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.67 Electrical Expenses 139 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 44415 Gross Rent Multiplier 13 Gross Scheduled Income 45360 Heating Expenses 1 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1279 Leased Items None Lot Number 1 Net Operating Income 33738 New Construction YN No Other Expenses 7155 Possession Sub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Kent Water Site Features Cable TVDeckFenced-FullyPatio Tax Amount 6734 Tax Year 2019 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 10677 Total Expenses TEX 10677 Total Monthly Income 3780 Unit1 Monthly Rent 945 Unit2 Monthly Rent 945 Unit3 Monthly Rent 945 Unit4 Monthly Rent 945 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 1 Water Company Kent Water Water Sewer Garbage 2124 Water Source Public Zoning Jurisdiction County

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T19:15:49.77.

     
    NW Home Experts
    2211 Elliott Avenue Suite 200
    Seattle WA, 98121
    Listing Courtesy of Re/Max Integrity.