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20244 108th Avenue SE

Kent, WA 98031
  • $1,275,000
  • STATUS: Pending
  • ID#: 2285401
Under Contract
UPDATED: 16 min ago
$1,275,000
  • 8
    BEDS
  • 1.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,380
    SQFT
  • $536
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Dove Realty, Inc..
Mortgage Calculator is provided by BoomTown.

Description

Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42,181

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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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-11-08T10:15:07.597. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-11-08T10:15:07.597. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kwbellingham.net/homes/154473670
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20244 108th Avenue SE Kent, WA 98031

  • Price: $1,275,000
  • Status: Pending
  • On Site: Days
  • Updated: 16 min ago
  • ID#: 2285401
8
Beds
3
Baths
0
½ Baths
1.06
Acres
2,380
SQFT
$536
$/SQFT
1955
Built
Neighborhood:
Panther Lake
County:
King
Area:
340 - Renton/Benson Hill
Elementary School:
Glenridge Elem
Middle School:
Meeker Jnr High
High School:
Kentridge High
School District:
Kent
Property Description
Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42,181
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Exterior Features Wood Levels One Lot Features CurbsSecludedValue In Land Open Parking YN No Parking Features Off Street Parking Total 0 Roof Composition Structure Type House Style Code 16 - 1 Story w/Bsmnt. View YN No Waterfront YN No

Interior Features

Appliances See Remarks Appliances Included See Remarks Baths Full Garage 0 Baths Full Lower 2 Baths Full Main 0 Baths Full Upper 1 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 0 Baths Three Quarter Upper 0 Bedrooms Lower 4 Bedrooms Upper 4 Building Area Total 2380 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring HardwoodVinylVinyl PlankCarpet Heating Forced Air Heating YN Yes Interior Features Second KitchenHardwoodWall to Wall Carpet Living Area 2380 Main Level Bedrooms 0 Rooms Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Lower Level) Bedroom (Lower Level) Bedroom (Lower Level) Bedroom (Lower Level) Bathroom Full (Second Level) Bathroom Full (Lower Level) Bathroom Full (Lower Level) Square Footage Finished 2380 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Down Payment Resource YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions See Remarks Irrigation Water Rights YN No Land Lease YN No Listing Terms Cash OutConventional New Construction YN No Possession ClosingTenant's Rights Power Company PSE Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Residential Security Features PartiallyFenced Senior Community YN No Senior Exemption No Sewer AvailableSeptic Tank Site Features Fenced-Fully Special Listing Conditions None Tax Annual Amount 6339 Tax Year 2024 Water Company Soos Creek Water Source PublicSee Remarks Year Built Effective 1955 Zoning Jurisdiction City



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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-11-08T10:15:07.597. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-11-08T10:15:07.597. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Dove Realty, Inc..
Mortgage Calculator is provided by BoomTown.