826 Woodford Ave

    Kent, WA 98031
    • $2,500,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: 1252726
    UPDATED: 26 min ago
    $2,500,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    Originally built in 1967 and completely renovated in 2017-2018, the 12-unit Parkside Apartments is a turn-key asset located in a highly desirable Kent location. Situated next to Kent Memorial Park, Parkside features spacious studios, 1 and 2 bd homes avg 769 SF. Each home was recently updated to feature; quartz countertops, vinyl hardwood floors, soft close cabinets and drawers, washer and dryer in each home, updated plumbing and electrical, new lighting fixtures, as well as fresh landscaping.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Nick McLean Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T10:14:53.877.

    www.sellingchelan.com/homes/81239573

    826 Woodford Ave Kent, WA 98031

    • Price: $2,500,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 1252726
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1967
    Built
    Neighborhood:
    Kent
    County:
    King
    Area:
    Kent
    School District:
    Kent
    Property Description
    Originally built in 1967 and completely renovated in 2017-2018, the 12-unit Parkside Apartments is a turn-key asset located in a highly desirable Kent location. Situated next to Kent Memorial Park, Parkside features spacious studios, 1 and 2 bd homes avg 769 SF. Each home was recently updated to feature; quartz countertops, vinyl hardwood floors, soft close cabinets and drawers, washer and dryer in each home, updated plumbing and electrical, new lighting fixtures, as well as fresh landscaping.
    Exterior Features

    Carport Spaces 0 Exterior Wood Garage Spaces 0 Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 12 Uncovered Spaces 12

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 925 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 525 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 525 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 725 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 725 Unit5 Washer Dryer Y Unit6 Bathrooms 1.50 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 925 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 6.30 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 208109 Gross Rent Multiplier 11 Gross Scheduled Income 216780 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1745 Leased Items None Net Operating Income 157719 New Construction YN No Other Expenses 34100 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 14545 Tax Year 2017 Terms Cash Out Third Party Approval Required None Total Expenses EXP 50390 Total Expenses TEX 50390 Total Monthly Income 18065 Unit1 Monthly Rent 1495 Unit2 Monthly Rent 1145 Unit3 Monthly Rent 1195 Unit4 Monthly Rent 1395 Unit5 Monthly Rent 1395 Unit6 Monthly Rent 1595 Vacancy Rate 4 Water Sewer Garbage 12500

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Nick McLean Real Estate Group and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Nick McLean Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T10:14:53.877.

     
    Nick McLean Real Estate Group
    45 Wapato Way
    Manson WA, 98831
    Listing Courtesy of Kidder Mathews.