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Courtesy of NWMLS / Washington Realty Group
$585,000 Sale
Listed 38 days ago
4804 - 4806 S 252nd Place , Kent, WA 98032
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Key Facts
Key facts for 4804 - 4806 S 252nd Place , Kent, WA 98032
Property Type
House, 52 - Duplex
Parking
0 garage, 0 parking
MLS #
2583032
Size
0 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$4,545 /yr
Days on Market
-
Year Built
1962
Maintenance Fee
$ 0/mo
Description
Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers ...2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!
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Disclaimer: The information contained in this listing has not been verified by Jim Clifford, Washington Realty Group and should be verified by the buyer.