20244 108th Avenue SE Kent, WA 98031
Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42, 181
- Property TypeSingle Family Home
- NeighborhoodPanther Lake
- CountyKing
- Taxes$6,339
- HOA/Condo/Coop Fees$0
- Days on Site80 Days
- MLS StatusPending
- MLS ID Number2285401
- Home Size Source see remarks
- Year Built1955
- Lot Size1.0631 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Parking Off Street
- Parking Spaces 0
- Sewer Septic TankAvailable
- Number of Stories 1
- Acreage 1.0631
- Water PublicSee Remarks
- Security Partially Fenced
- Property Sub Type Single Family Residence
- Attached Garage No
- Lot Features CurbsSecludedValue In Land
- Parking Total 0
Interior Features
- Cooling None
- Heating Forced Air
- Appliances See Remarks
- Flooring HardwoodVinylVinyl PlankCarpet
- Interior Second KitchenHardwoodWall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- Waterfront Property No
- Exterior Wood
- Lot CurbsSecludedValue In Land
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 340 - Renton/Benson Hill
- Security Features Partially Fenced