Bought with Keller Williams Realty PS
$1,700,000
$1,550,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
10839 SE 200th ST Kent, WA 98031
1.05 Acres Lot
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Panther Lake
MLS Listing ID 2247526
Sold Date 07/19/24
Style 55 - 5-9 Units
Year Built 1978
Annual Tax Amount $15,998
Lot Size 1.054 Acres
Property Description
Seller Financing available! Seller carry 25% down, 5% interest for 2 years. 10839 SE 200th St in Kent, WA showcases a collection of six two-bedroom units averaging 869 SF each. Recent enhancements include upgraded countertops, cabinetry, flooring, and lighting in select units. Every residence is furnished with essential appliances such as washer, dryer, microwave, and garbage disposal. Opportunities for further unit improvements exist, alongside potential supplementary revenue streams from utility bill backs and paid parking. Positioned as a stable investment prospect, this property offers investors the prospect of enhanced rental income through modest renovations and market rate leasing.
Location
State WA
County King
Area 340 - Renton/Benson Hill
Interior
Flooring Vinyl
Fireplace Yes
Exterior
Exterior Feature Wood
Amenities Available Cable TV, High Speed Internet, Outbuildings, Patio, RV Parking
Waterfront No
View Y/N No
Roof Type Composition,Green (Living)
Parking Type RV Parking
Building
Lot Description Dead End Street, Paved, Secluded
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Glenridge Elem
Middle Schools Meeker Jnr High
High Schools Kentridge High
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157