WA > Kent > Downtown Kent
Kent, WA 98032,418 W Meeker ST
Kent, WA 98032,418 W Meeker ST
Kent, WA 98032,418 W Meeker ST
15
See all 15 photos
$1,725,000
Est. payment /mo
Save
8 Beds
8 Baths
8,376 SqFt
Active

418 W Meeker ST Kent, WA 98032

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
26
Nov
Thu
27
Nov
Fri
28
Nov
Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,376 sqft

Price per Sqft $205

Subdivision Downtown Kent

MLS Listing ID 2418375

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1958

Annual Tax Amount $12,879

Lot Size 8,156 Sqft

Property Sub-Type Multi Family

Property Description

Fully occupied 7.39% cap rate + Value-add in downtown Kent location - Mixed-use building with 3 retail units and 5 apartments boasts strong in-place rents and ability to renovate remaining two apartment units. Renovated in 2021 including retail spaces. Aladin Bail Bonds anchors ground floor retail with 7 years remaining on lease and yearly 4% increases. Potential for owner-user in need of office or retail space. Apartment units are bright, spacious, and historically easy to rent. Coin-op laundry and 10 parking spaces in dedicated lot. Building includes renovated non-conforming studio (350SqFt) for additional upside.

Location

State WA

County King

Area 330 - Kent

Interior

Flooring Laminate, Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete

View Y/N No

Roof Type Flat

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Kent

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Get More Information

Whitney Johnson

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Discover Northwest Realty Group INC., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

 

Quick Search

 
There are 21 quick searches