$1,875,000
For Sale

406 E George Street #1-8

Kent, WA 98031
10164 sqft | 0.33 acres | #2300776
Listing OfficeKidder Mathews
Browse 23 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Situated on a corner lot in Downtown Kent, approximately 20 miles south of Seattle city limits and a 15-minute walk from Kent Station, Skylite Court is an 8-unit apartment property featuring spacious 2-bedroom units. This turnkey property features in-unit washer/dryer hookups, 9 off-street parking spaces, and fully renovated units with updated LVP and carpeted flooring, new kitchen countertops, and updated bath vanities. The property, on the market for the first time in 20 years, will appeal to a multifamily investor interested in simply stepping in and taking over the profitable operations.

  • Property Details
      • Lot DescriptionCorner Lot, Curbs, Paved, Sidewalk
      • Exterior MaterialsCement/Concrete, Stucco
      • InteriorWall to Wall Carpet
      • Middle SchoolMill Creek Mid Sch
      • High SchoolKent-Meridian High
      • Exterior FeaturesFenced-Partially
      • Date ListedOctober 10, 2024
      • Sewer InformationSewer Connected
      • Elementary SchoolBuyer To Verify
      • Style55 - 5-9 Units
      • SubdivisionDowntown Kent
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$1,935,000
      • Taxes Annual$20,026
      • MLS #2300776
      • Cost1875000
      • MLS #2300776
      • Acres0.3283
      • Utility SourcePublic
      • Square Feet10164
      • Year Built1965
      • FoundationSlab
      • School DistrictKent
      • CountyKing
      • Days on Market (Cumulative)71
      • Stories2
Karen SorensenReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

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.

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