Kent Homes with 55 - 5-9 Units Style

Kent Homes with 55 - 5-9 Units Style

Kent is a vibrant city located in the state of Washington, within King County. Situated in the Pacific Northwest region of the United States, Kent offers a perfect blend of natural beauty, urban amenities, and a thriving community. With a population of over 130,000 residents, Kent is the sixth-largest city in the state.

Known for its diverse economy, Kent is home to a variety of industries including manufacturing, distribution, and technology. This has led to a strong job market and a stable economy, making it an attractive place to live and work.

When it comes to real estate, Kent offers a range of housing options to suit different preferences and budgets. One popular style of homes in the area is the 55-5-9 units. These homes are designed with convenience and comfort in mind, offering a low-maintenance lifestyle for residents. Whether you're a retiree looking for a peaceful community or a professional seeking a lock-and-leave lifestyle, the 55-5-9 units in Kent provide a perfect solution.

In addition to the housing options, Kent boasts an array of recreational opportunities. The city is surrounded by natural beauty, with parks, trails, and outdoor spaces for residents to enjoy. From hiking and biking to fishing and boating, there's something for everyone to indulge in.

With its prime location, strong economy, and diverse housing options, Kent is an ideal place to call home. Whether you're looking for a peaceful retreat or a bustling urban lifestyle, Kent has it all.

Newest Kent Homes with 55 - 5-9 Units Style

$1,500,000
2559752 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

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