525 W Cloudy St

    Kent, WA 98032
    • $685,000
    • STATUS: Pending
    • ON SITE: 100 days
    • ID#: 1288817
    Under Contract
    UPDATED: 157 min ago
    $685,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,210
      SQFT
    • $213
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Redfin Corp..

    Description

    Outstanding opportunity with an unbeatable location! Nearly 1/2 acre lot w/2 separate duplex units- 4 rentals! Short walk to Sounder, Kent Station w/restaurants, theaters, retail shops & KC Regional Justice Center. City of Kent continues its steady growth & revitalization of the downtown core. Property has 1 duplex facing 4th Ave. & 2nd one faces Cloudy St. Property borders rear parking lot of Showare Center home of The Seattle Thunderbirds with a nice pedestrian buffer. Newer roof. Zoned MRT16.

    Monthly Payment Calculator

    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 The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-18T00:18:16.06.

    www.robertott.net/homes/83389118

    525 W Cloudy St Kent, WA 98032

    • Price: $685,000
    • Status: Pending
    • Updated: 157 min ago
    • ID#: 1288817
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    3,210
    SQFT
    $213
    $/SQFT
    1942
    Built
    Neighborhood:
    Downtown Kent
    County:
    King
    Area:
    Kent
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Kent
    Property Description
    Outstanding opportunity with an unbeatable location! Nearly 1/2 acre lot w/2 separate duplex units- 4 rentals! Short walk to Sounder, Kent Station w/restaurants, theaters, retail shops & KC Regional Justice Center. City of Kent continues its steady growth & revitalization of the downtown core. Property has 1 duplex facing 4th Ave. & 2nd one faces Cloudy St. Property borders rear parking lot of Showare Center home of The Seattle Thunderbirds with a nice pedestrian buffer. Newer roof. Zoned MRT16.
    Exterior Features

    Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsDead End StreetPaved StreetSidewalkValue In Land Roof Composition Stories In Building 1 Style 52 - Duplex Total Parking Spaces 8 Uncovered Spaces 8 View Territorial

    Interior Features

    Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer Y 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 6.50 Electrical Expenses 0 Energy Source Natural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 52800 Gross Rent Multiplier 10 Gross Scheduled Income 52800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1000 Leased Items None Net Operating Income 28655 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Gas Available Tax Amount 5000 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 14545 Total Expenses TEX 14545 Total Monthly Income 3370 Unit1 Monthly Rent 850 Unit2 Monthly Rent 775 Unit3 Monthly Rent 795 Unit4 Monthly Rent 950 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 3600 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 The Robert Ott Group | Compass 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 The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-18T00:18:16.06.

     
    The Robert Ott Group | Compass
    1505 NW Gilman Blvd #1
    Issaquah WA, 98027
    Listing Courtesy of Redfin Corp..