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About the Listing 9249 - 42458
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
Listing Highlights for 20244 108th Ave SE
Status
Pending
Days on Site
370
Property Type
Vacant Land
MLS ®
2285405
Year Built
Total Square Footage
0
Lot/Acreage
1.06
County
King
Neighborhood
Panther Lake
School District
Kent
Elementary School
Glenridge Elementary
Middle School
Meeker Junior High
High School
Kentridge High
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: On Property,See Remarks
Exterior Details
- Lot Description: Curbs,Paved,Secluded,Sidewalk,Zoning: Multi-Family
- Garage Capacity: N/A
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Available,In Street
Financial Details
- Tax Amount: $6,339
- Taxes w/Assessments: N/A
- Tax/Property ID: 0522059128
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
20244 108th Ave SE Kent, WA 98031
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