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Listing 9 out of 230
$570,000 Pending Inspection

11005 SE 248th St
Kent, WA 98030

2 units | Multi Family Home
10402 sq ft lot - MLS# 1486734 Courtesy of Keller Williams Seattle Metro
Property Photo
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Description

Split-Level Duplex located at the end of a quiet private road. 7% Cap Rate. Each unit is 3bed/2bath w/ individual fenced yards. Recent upgrades include a brand-new roof, electrical panel, carpet, interior/exterior paint, garage doors, heaters, water heater, and more. Solid, turn-key property with low expense & HIGH-INCOME POTENTIAL. Quality built in 1984; well maintained. Tenants in upper unit are month-to-month, lower unit is now vacant, which makes a great option for an owner-occupant buyer.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: King County
  • Zip Code: 98030
  • Year Built: 1984
  • School District: Kent
  • Sq.Ft.: 2,720 sq ft
  • Stories: Duplex
  • Units: 2 units
  • Garage: 1-Car
  • # of Parking Spaces: 1, 5
  • Lot Size: 10402 sq ft lot
  • Area: Kent
  • Amenities: Storage, Thermal Windows
  • Area Number: 330
  • Bathrooms Unit 1: 1.75
  • Bathrooms Unit 2: 2.00
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Cap Rate - NOI div LP: 6.70
  • Energy Source(heat): Electric
  • Exterior: Wood, Wood Products
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Residential
  • Gross Adjusted Income: $46560
  • Gross Rent Multiplier: $11
  • Gross Scheduled Income: $48000
  • Heating/Cooling: Forced Air, Insert
  • Insurance Expenses: $850
  • Lot Details: Dead End Street
  • Net Operating Income: $38203
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Other Expenses: $1000
  • Rent Unit 1: $1900
  • Rent Unit 2: $2100
  • Roof: Composition
  • Site Features: Deck, Fenced-Fully, High Speed Internet
  • Square Feet Unit 1: 1300
  • Square Feet Unit 2: 1250
  • Total Expenses: $8357, $8357
  • Total Garage Capacity: 1
  • Total Monthly Income: $4000
  • Vacancy Rate: 3
  • Water/Sewer/Garbage: 2094
Courtesy of Keller Williams Seattle Metro
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Newberry Realty, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-07-21

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13240 South 272nd St - Kent, WA 98042
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