813 Woodford Ave N, Kent, WA, 98031

CAD 1,189,990
For Sale MLS: 2485315

Property Details

Bedrooms

8

Property Type

multi family

Description

Multi Family in Kent, WA - Bedrooms: 8 - Bathrooms: 0 - Area: 2891 sqft - Year Built: 1962 - Lot: 10415 sqft

Listing Agent: Andy Lee Brokerage: COMPASS

3 of the 4 units have been extensively remodeled w/ finishes designed to attract & retain quality tenants. Interior upgrades include quartz countertops, updated cabinetry, modern fixtures, durable LVP flooring, fresh interior paint, & fully renovated bathrms featuring new vanities, contemporary concept, updated plumbing fixtures, & refreshed lighting. These improvements create a clean, modern living environment that competes strongly in today's rental market & supports premium rent potential. The 2nd unit presents immediate value-add opportunity for an investor looking to complete the renovation strategy & further increase income. The exterior has been recently painted, giving the property strong curb appeal, and the flat roof has been professionally inspected w/ maintenance items already addressed minimizing near-term capital expenditures. There is additional upside through the potential addition of carports, creating an opportunity to increase rental income & overall property valuation. Located just minutes from Kent Station, tenants enjoy convenient access to shopping, dining, entertainment, grocery stores, fitness centers, & the light rail. Nearby amenities include access to major employers, schools, parks, & quick connectivity to Highway 167 & I-5, making this a desirable and stable rental pocket within Kent. W/ modernized interiors, reduced deferred maintenance, and clear pathways to additional income, this asset offers both immediate stability & long term growth.

Location

Address

813 Woodford Ave N, Kent, WA, 98031

City

Kent

Features and Finishes

Bedrooms: 8, Heating Features: Baseboard, Heating Fuel: Electric, Heating: Yes, Number of Fireplaces: 0, Flooring: Vinyl Plank, Fenced-Partially, Covered Spaces: 0, Open Parking: No, Lot Size Acres: 0.2391, Lot Size Square Feet: 10415, View: Territorial, Security Features: Partially Fenced, Association: No, Calculated Total Monthly Association Fees: 0, Elementary School: Buyer To Verify, High School: Buyer To Verify, High School District: Kent, Middle School: Buyer To Verify, School District: Kent, Gross Scheduled Income: 97200, Leasable Area: 2891, Number of Units: 4, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 2, Bedrooms in Unit-3: 2, Bedrooms in Unit-4: 2, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Unit-1 Square Feet: 732, Unit-2 Square Feet: 770, Unit-3 Square Feet: 732, Unit-4 Square Feet: 770, Unit 1 Total Actual Rent: 1995, Unit 2 Total Actual Rent: 1995, Unit 3 Total Actual Rent: 2000, Unit 4 Total Act

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