2701 S 257 Place
Kent, WA 98032
- – beds
- – baths
- 2,716 sqft
- 7,410 sqft lot
- $301 per sqft
- 1996 build
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Solid, well-maintained fourplex. Three units have been freshly remodeled, newer roof (~5 years), brand new exterior paint, newer windows. Onsite coin op laundry and storage. Upper units have decks, and lower units have patios with fully fenced yards. Six parking spaces. Solid investment, or ideal for owner occupant looking for extra income. Plenty of upside potential in rents. One unit left intentionally vacant for showings/ owner occupant. 6.9% Cap Rate, 7.4% Market. High-demand rental conveniently located near shopping, restaurants, and public transit.
Last checked:
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Last updated Sep 5, 2024
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MLS# 2180810 —
The Building
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Year Built:1977
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Year Built:1996
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Exterior Features:Wood Products
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Roof:Composition
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Units In Building Total:4
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Foundation Details:Poured Concrete
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# of Units Total:4
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Stories Total:2
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Building Area Total:2716
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Building Area Units:Square Feet
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Calculated SqFt:2716
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SqFt Source:Realist
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Green Energy Efficient:Thermal Windows
Interior
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Flooring:Engineered Hardwood
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Fireplace:false
Financial & Terms
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Possession:Closing, Tenant's Rights
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Buyer Financing:Conventional
Location
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Latitude:47.370982
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Longitude:-122.298021
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Directions:S 260th St to S 257th Pl
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:9292900160
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Lot Size Units:Square Feet
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Lot Size Acres:0.1701
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Lot Size SqFt:7410
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Lot Size Source:Realist
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 935-3442
- Office phone:
- (206) 935-3442
Taxes
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Tax Year:2023
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Tax Annual Amount:7811
The Listing
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Special Listing Conditions:Bank Or REO, None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Water Source:Public
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Sewer:Sewer Connected
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Water Sewer Garbage:4000
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Federal Way
The Community
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Subdivision Name:Kent
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Amenities:Coin Op Laundry,Storage,Thermal Windows
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Senior Community:false
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Association:false
Parking
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Parking Total:6
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Parking Uncovered Spaces:6
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Open Parking:true
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Open Parking Spaces:6
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Carport:false
Listing courtesy of NWMLS / Keller Williams Seattle Metro. Bought with Keller Williams Greater Seattl.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/29/24
Jan 29, 2024
|
Sold | NWMLS | $820,000 | -0.6% |
|
12/14/23
Dec 14, 2023
|
Pending | NWMLS | $825,000 | |
|
11/17/23
Nov 17, 2023
|
Listed / Active | NWMLS | $825,000 | 155.4% (19.3% / YR) |
