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Features
Description
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
Address
Open on Google Maps- Address 20244 108th SE Avenue
- City Kent
- State/county WA
- Zip/Postal Code 98031
- Area Panther Lake
- Country US
Details
Mis à jour le novembre 10, 2025 à 10:29 pm- Property ID: NWM2285401
- Price: $1,275,000
- Property Size: 2380 m²
- Land Area: 1.0631 m²
- Bedrooms: 8
- Bathrooms: 3
- Garage Size: x x
- Year Built: 1955
- Property Type: Single Family Residence, Residential
- Property Status: Pending
Additional details
- Listing Terms: Cash Out,Conventional
- Roof: Composition
- Sewer: Available,Septic Tank
- Cooling: None
- Heating: Forced Air
- Flooring: Hardwood,Vinyl,Vinyl Plank,Carpet
- County: King
- Property Type: Residential
- Parking: Off Street
- Elementary School: Glenridge Elem
- Middle School: Meeker Jnr High
- High School: Kentridge High
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