1613 Maple Lane Unit #D1-D6, Kent, WA 98030
- $1,199,950
- 5,580
- SqFt
Courtesy of KW Lake Washington So
- List Price
- $1,199,950
- Status
- ACTIVE
- Days on Market
- 73
- Price Change
- ▼ $90,050 1783480737
- MLS#
- 2524879
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1979
- Living Area
- 5,580
- Lot Size
- 121,491
- Acres
- 2.79
- Subdivision
- Green River
- Neighborhood
- Green River
- MLS Area Major
- Kent
Property Description
Investor opportunity in the heart of Kent! Well-maintained 6-unit multifamily property offering strong in-place income, rental upside, and extensive capital improvements already completed. Over $2 million invested throughout the community with major expense items already addressed. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting of beams and foundations, roadway resurfacing, and concrete replacement. Roofs, fireplaces, gutters, and ventilation systems are regularly maintained. Each spacious 2-bedroom, 1-bath unit offers approximately 930 SF, a fireplace, in-unit washer and dryer, utility room, and ample parking. Units feature updated flooring, paint, appliances, and interior improvements, including approximately $30,000 invested in Unit D3. This building also features one of the largest backyard areas in the community. HOA dues cover management, water, sewer, garbage, exterior maintenance, common area upkeep, and ongoing property care, simplifying ownership. Current rents provide immediate cash flow with additional upside as units turn, with projected market rents of $2,100-$2,200 per month. Each unit has its own parcel number, providing flexibility for future individual sales or alternative exit strategies. Near Kent Station, Sounder Rail, shopping, dining, major employers, Hwy 167, and I-5. Rare turnkey multifamily investment with income potential
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Additional Information
- Amenities
- See Remarks
- Exterior Features
- Wood Products
- Property Description
- 55 - 5-9 Units
- Flooring
- Laminate, Vinyl Plank, Carpet
- Heating
- Baseboard, Wall Furnace
- Air Conditioning
- None
- Roof
- Composition
- School District
- Kent
- Elementary School
- Scenic Hill Elem
- Middle School
- Mill Creek Mid Sch
- High School
- Kent-Meridian High
- View
- See Remarks, Territorial
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