Green River Homes with 55 - 5-9 Units Style

Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a hidden gem nestled in the heart of Kent, Washington. This charming neighborhood offers a perfect blend of picturesque landscapes, vibrant community spirit, and convenient amenities, making it an ideal place to call home.

As you stroll through the tree-lined streets of Green River, you’ll be captivated by the stunning views of the nearby mountains and the serene Green River itself. The area is known for its lush parks and recreational opportunities, including walking trails, picnic spots, and fishing areas that invite residents to enjoy the great outdoors. Families will appreciate the excellent schools in the vicinity, providing quality education and a nurturing environment for children.

Green River is characterized by its unique homes, particularly those with a 55-59 unit style. These residences offer a sense of community while providing ample space for families and individuals alike. With a variety of architectural designs, these homes are not only aesthetically pleasing but also functional, catering to modern living needs. Many properties feature spacious backyards, perfect for entertaining or simply unwinding after a long day.

Convenience is at your fingertips in Green River, with easy access to shopping centers, dining options, and major highways. Whether you’re commuting to Seattle or exploring the local eateries, everything you need is just a short drive away.

In Green River, you’ll find more than just a neighborhood; you’ll discover a community where neighbors become friends, and every day feels like a retreat. Come explore the charm of Green River and envision your future in this vibrant Kent neighborhood!

Newest Green River 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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