USAWAKentDowntown Kent418 W Meeker St
418 W Meeker St, Home with 0 bedrooms, 0 bathrooms and 10 parking in Kent WA | Image 1
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$1,725,000

418 W Meeker St, Kent, WA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $12,879
Days Active 4
Lot Size 
Approx. Age 1958
MLS® Number 2418375

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number2418375
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1872
ExteriorCement/Concrete
GarageNo
Approx. Age1958
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone
Heating Fuel

Extras

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