Description
Cash-flowing duplex in downtown Kent with a *7.99% cap rate* and $6,500 in monthly rental income. Perfect for investors and house hackers, this fully remodeled and occupied property features a spacious 4-bed, 1.75-bath upstairs unit $4,000/month and a 3-bed, 1-bath downstairs unit at $2,500/month. Both leases are flexible month-to-month to suit your needs. Renovated throughout with modern kitchens, new flooring, updated baths, new roof, plumbing & more. Detached garage, carport, +5 additl parking spaces located high on scenic hill with beautiful views of the mountains and walking distance to dt Kent, a city experiencing robust economic growth, close to shopping, dining, and transit. Don’t miss this rare, high-yield investment opportunity!
Property Details
- Exterior FeaturesCable TV, Fenced-Fully, Gated Entry, Outbuildings, Patio, RV Parking, Shop
- InteriorLaminate, Wall to Wall Carpet
- Exterior MaterialsWood, Wood Products
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Date ListedMarch 05, 2025
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Style52 - Duplex
- Original List Price$795,000
- MLS #2340484
- MLS #2340484
- Acres0.1949
- Utility SourcePublic
- Taxes Annual$5,268
- Cost795000
- Structure TypeDuplex
- Lot DescriptionPaved
- ViewCity
- Square Feet2900
- Year Built1907
- SubdivisionKent
- School DistrictKent
- CountyKing
- Days on Market (Cumulative)96
- Stories3
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-07 17:20:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Amanda Shepherd (#NWM97711)
Listing Office: Real Broker LLC (#NWM6529)
Interested in Purchasing 112 Kennebeck Avenue S?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
