2715 S 256th Place

    Kent, WA 98032
    • $669,988
    • STATUS: Pending
    • ON SITE: 37 days
    • ID#: 1591510
    Under Contract
    UPDATED: 23 min ago
    $669,988
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,896
      SQFT
    • $231
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of T-Square Properties.

    Description

    Great Investment Property. Four unit, low maintenance apartment building close to all services. Well maintained with longer term tenants. Three 2BR units and One 1BR unit. Eight total parking spots. Coin Op-Laundry Room provides extra income. Buyer to verify square footage to their satisfaction. Tenants pay for their own separately metered utilities.

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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 Beach & Blvd Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-31T15:14:02.363.

    www.beachandblvd.com/homes/105272309

    2715 S 256th Place Kent, WA 98032

    • Price: $669,988
    • Status: Pending
    • Updated: 23 min ago
    • ID#: 1591510
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,896
    SQFT
    $231
    $/SQFT
    1977
    Built
    Neighborhood:
    Lake Fenwick
    County:
    King
    Area:
    D.Moines/Redondo
    School District:
    Kent
    Property Description
    Great Investment Property. Four unit, low maintenance apartment building close to all services. Well maintained with longer term tenants. Three 2BR units and One 1BR unit. Eight total parking spots. Coin Op-Laundry Room provides extra income. Buyer to verify square footage to their satisfaction. Tenants pay for their own separately metered utilities.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Dead End Street 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 Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 724 Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 724 Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 724 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 650 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

    Amenities Coin Op Laundry Bank Owned No Cap Rate 5.63 Electrical Expenses 468 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 54860 Gross Rent Multiplier 12 Gross Scheduled Income 55980 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1000 Leased Items None Net Operating Income 37723 New Construction YN No Other Expenses 15904 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 5460 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 17137 Total Expenses TEX 17137 Total Monthly Income 4665 Unit1 Monthly Rent 1150 Unit2 Monthly Rent 1200 Unit3 Monthly Rent 1275 Unit4 Monthly Rent 1040 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 2 Water Sewer Garbage 765 Water Source Public

    Listing information © 2020 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 Beach & Blvd Real Estate Group 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 Beach & Blvd Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-31T15:14:02.363.

     
    Beach & Blvd Real Estate Group
    1100 Dexter Ave N Ste 275
    Seattle WA, 98109
    Listing Courtesy of T-Square Properties.