813 Woodford Avenue N, Kent, WA 98031
- $950,000
- 2,891
- SqFt
Listing courtesy of Real Estate Gladiators. Selling Office: COMPASS.
- Sold Price
- $950,000
- List Price
- $930,000
- Status
- SOLD
- MLS#
- 2212630
- Closing Date
- May 24, 2024
- Days on Market
- 36
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 2,891
- Area Total SqFt
- 2891
- Annual Tax Ammount
- 10109
- Lot Size (sq ft)
- 10,415
- Sewer
- Sewer Connected
Property Description
GREAT CONFORMING 4PLEX; VALUE ADD OPPORTUNITY! Great long term for growth by Light Rail! 1 unit vacant @ close for owner/occupant. Conventional Mtg. or Owner/Occ with Low Down FHA/VA Finance & tenants pay most of your mortgage! 4 identical units - 2 Beds, 1 Bath, Washer/Dryer, 732 sq ft, Kitchen has room for Dining Table, Big Living Room. Professionally Managed. New Sump Pump & French Drain, new Water Heaters last 18 months. New Roof 2015. Units 1 & 4 have new paint, carpet, lighting. 2 paved parking spots per unit. Below Market Rents. Make an extra $1,200/month in cash flow! Amazing location. Walk to Kent Station, Light Rail in 5 minutes. Great for commutes - Quick access to freeway, restaurants, shopping, movies, etc. GREAT INVESTMENT!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-04-18 00:00:00
- Community
- Kent
- Net Operating Income
- $61,735
- Gross Adjusted Income
- $77,160
- Gross Scheduled Income
- $77,160
- Total Monthly Income
- $6,430
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $3,816
- Gross Rent Multiplier
- 12.44
- Total Expenses
- $15,425
- Cap Rate
- 6.43
- Total Number of Units
- 4
- Unit Name
- 813
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1962
- Roof
- Flat
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Kent
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,430
- Gross Scheduled Income
- $77,160
- Gross Adjusted Income
- $77,160
- Tax Year
- 2024
- Insurance Expense
- $1,500
- W/S/G Expenses
- $3,816
- Total Expenses
- $15,425
- Net Operating Income
- $61,735
- Gross Rent Multiplier
- 12.44
- Cap Rate
- 6.43
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.