3706 S 255th Place, Kent, WA 98032
- $680,000
- 1,920
- SqFt
Courtesy of Keller Williams Rlty Bellevue
- List Price
- $680,000
- Status
- ACTIVE
- Days on Market
- 21
- MLS#
- 2550198
- Subtype
- Residential Income
- Style
- 52 - Duplex
- Year Built
- 1978
- Living Area
- 1,920
- Lot Size
- 550
- Acres
- 0.01
- Subdivision
- West Hill
- Neighborhood
- West Hill
- Building Name
- Parkside 02
- MLS Area Major
- Des Moines/Redondo
Property Description
Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!
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Additional Information
- Exterior Features
- Wood
- Property Description
- 52 - Duplex
- Flooring
- Ceramic Tile, Laminate, Vinyl, Carpet
- Heating
- Forced Air
- Air Conditioning
- None
- Roof
- Tile
- Garage Spaces
- 2
- School District
- Federal Way
- Elementary School
- Sunnycrest Elem
- Middle School
- Evergreen Middle
- High School
- Thomas Jefferson Hig
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