20244 108th Avenue SE Kent, WA 98031
20244 108th Avenue SE
Kent, WA 98031
$1,275,000
Land
0 Beds
0.00 Baths
0 SqFt
Pending
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 Features
Community: Panther Lake
Multi-Family
Pool: Above Ground
2024 Taxes: $6339.00
Listing #: 2285405
Lot Details
Lot Size: 1.06 acres
Curbs
Paved
Secluded
Sidewalk
Topography: Level
Road: See Remarks
Utilities
Electricity: On Property
Water: On Property
Water: See Remarks
Gas: On Property
Sewer: Available
Sewer: In Street
Schools
District: Kent
Elem: Glenridge Elem
Middle: Meeker Jnr High
High: Kentridge High
Call or Email:
Grace Wamwere
What's Near 20244 108th Avenue SE Kent, WA 98031?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Dove Realty, Inc.
