723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
723 1st Avenue S photo
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Duy Hoang
Marius Ion

723 1st Avenue S

$950,000 723 1st Avenue S, Kent, WA 98032
Amazing opportunity for a cashflow property in the heart of Kent. This quadplex offers townhome style units. 2 BD 1.5 BA, with long term tenants below market value and property management in place. Rent prices in Kent have increased over 30% in the past 5 years. Build equity while having positive cashflow every month. Proximity to freeway, restaurants, shopping center, Kent Station and downtown make this a commuter's favorite. Add value by bringing rents to market value and increase charge back for utilities. Must be purchased with adjacent quadplex (MLS:1887886 ). Do not disturb tenants.
  • Sold
    Status
  • 1979
    Year Built
  • 3,992 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 3,992 Sq.Ft.
  • Lot Size: 0.214 Acres
  • MLS® ID: 1887853
  • Type: MULTI_FAMILY
  • Year Built: 1979
  • Architecture Styles: Quadruplex
  • Elementary School:Scenic Hill Elem
  • Middle School: Mill Creek Mid Sch
  • High School: Kent-Meridian High
  • School District: Kent

Interior

  • Flooring: Laminate, Vinyl, Carpet
  • Other Interior Features: Laminate, Wall to Wall Carpet

Exterior & Building

  • Stories: 2
  • Water Source: Public
  • Utilities: Sewer Connected, Electricity Available
  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • Sewer: Sewer Connected
  • Substructure: Poured Concrete
  • Other Exterior Features: Wood Products

Financial

  • Sales Price: $950,000
  • Real Estate Tax: $9,679/yr

723 1st Avenue S

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