Bought with Skyline Properties, Inc.
$1,600,000
$1,750,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
9045 Canyon DR Kent, WA 98030
14 Beds
9 Baths
6,271 SqFt
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,271 sqft
Price per Sqft $255
Subdivision Scenic Hill
MLS Listing ID 2217557
Sold Date 10/11/24
Style 55 - 5-9 Units
Bedrooms 14
Year Built 1957
Annual Tax Amount $18,614
Lot Size 0.540 Acres
Property Description
Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is “L-Shaped” with a courtyard which provides a sense of community for the tenants.
Location
State WA
County King
Area 330 - Kent
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Brick, Wood, Wood Products
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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