Description
Earn a lavish cash flow with awesome long-term tenants while going through the development process. property has historically been used as a non-conforming duplex, but with mr-m zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. new state laws have passed likely making it more favorable for lucrative development options, city of kent in process of incorporating these changes to their comprehensive plan to be finished in summer of 2025. no critical areas! current noi= $42,181
Property Type
LandCounty
KingStyle
LandAD ID
46803574
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: On Property, See Remarks
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Property / Lot Details
Lot Information
- Lot Description: Curbs, Paved, Secluded, Sidewalk
- Lot Square Feet: 46310
- Lot Acres: 1.0631
Property Information
- Property Type: Land
- Sub Type: Land
- Structure Type: Multi Family
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Listing Information
Listing Price Information
- Original List Price: $1275000
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Taxes / Assessments
Tax Information
- Annual Tax: $6339
- Tax Year: 2024
- Parcel Number: 0522059128
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School, Utilities &Location Details
School Information
- Elementary School: Glenridge Elem
- Junior High School: Meeker Jnr High
- Senior High School: Kentridge High
Utility Information
- Electricity Connected, Natural Gas Available, Septic Design Installed
Location Information
- Subdivision: Panther Lake
- City: Kent
- Direction: GPS works
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BuyOwner last updated this listing Fri Nov 15 2024
- MLS: NWM2285405
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: nwmls
is a Land, with 0 bedrooms which is recently sold, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Kent , in zip code 98031, this King County Land , it is in the Kent Subdivision, and are nearby neighborhoods.