Kent, WA 98030,11009 SE 248th ST #1-4
Listed by Sterling Johnston Real Estate
Bought with The Irwin Group
$1,050,000
$1,050,000
Est.Price: ?

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3,680 SqFt

11009 SE 248th ST #1-4 Kent, WA 98030

Est. payment /mo
SOLD DATE : 11/01/2021

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $285

Subdivision East Hill

MLS Listing ID 1797543

Sold Date 11/01/21

Style 54 - 4-Plex

Year Built 1988

Annual Tax Amount $9,933

Lot Size 0.310 Acres

Property Sub-Type Multi-Family

Property Description

Built in 1988!Market Cap 4.8%,fourplex-Private,Quiet setting,2 bedroom/1.5 bath units,fireplace,washer & dryers,decks/patios & yards,plenty of parking (8 spaces each fourplex)minutes to shopping,schools,and bus line.Kent Station features nearly 60 retailers,stores, and businesses including a Community College and a 14-screen movie theater.2 separate fourplex bldgs- Purchase both or individually(priced at $1,050,000 for each building)own 8 units with residential financing!Each fourplex can be financed separately on a 30-year fixed interest rate. Rents have increased 27% in the past 5 years in Kent.Rents will climb while your debt is fixed. Add immediate value by bringing the rents to market and charging back for utilities.Sold "As-Is"

Location

State WA

County King

Area 330 - Kent

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Utilities Available Cable Connected, Sewer Connected, Electric, Wood

Amenities Available Cable TV, Deck, Fenced-Partially, Outbuildings, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Kent

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Susan Custer

Susan Custer

Managing Broker | License ID: 22003615

+1(425) 770-6181

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