Provided by NWMLS, Listed by Paragon Real Estate Advisors

Active

9045 Canyon Drive

Kent WA, 98030

$2,200,000


$350.82 per sqft

Active

6,271 sqft

Multi-family

Built in 1957

Seller financing is available - Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is "L-Shaped" with a courtyard which provides a sense of community for the tenants.

2217557

MLS ID

April 2, 2024

Listed

May 14, 2024

Updated

Map

9045 Canyon Drive
Kent WA, 98030

Interior Features

Total Stories

1


Floor Description

Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.54 Acres


Exterior Features

Brick, Wood, Wood Products


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Kent

Other Property Details

Area Name

330 - Kent


Taxes

$18,614


Tax Frequency

Annually


Garage

No


Parking Total

15


View

No


County

King


Pool

No


Buyer Agency Compensation

2.5%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 5/20/2024 at 5:00 AM UTC 

Powered byLuxury Presence