9045 Canyon Drive, Kent WA, 98030
(Active)
$2,200,000
|
6,271 sqft
|
MLS# 2217557
Last Updated: 4/29/2024 1:03 PM
Description for
9045 Canyon Drive
Kent, WA 98030
Seller financing is available - Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is "L-Shaped" with a courtyard which provides a sense of community for the tenants.
Price
$2,200,000
Scenic Hill
King
6,271 (approx)
2217557
Active
Description
Seller financing is available - Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is "L-Shaped" with a courtyard which provides a sense of community for the tenants.
Listing Information
| Property Type: Multi-Family, 1 Story | ||
| 0.54 Acres | 6,271 (approx) | 1957 |
| Yes-8 spaces | 1 | Brick,Wood |
| Multi-Family | ||
Scenic Hill
Sewer Connected
Neighborhood
School Information
| District: Kent | ||
Room Information
Interior Features
None
Electric Heating,
Baseboard
Exterior / Lot Features
8 Carport Spaces,
15 Parking Spaces,
Wood, Brick
Flat
Driving Directions
From I5 S take Exit 154A for I405 N toward Renton. Merge onto WA 167 S towards Auburn. Take the 84th Ave S Exit. L on 84th. Straight on Central. L on E James. R on 94th. Sharp R on Canyon.
Financial Considerations
| 1922059055 |
| $18,614 |
Conventional
Listing Price History
Kent Real Estate
Kent is located in Washington. Kent, Washington 98030 has a population of 132,996.
The median household income in Kent, Washington 98030 is $66,658. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Kent 98030 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/2/2024 | Active | $2,200,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $17,839 USD | - | $1,606,000 USD | - |
| 2022 | $17,839 USD | 24.42% | $1,606,000 USD | 23.16% |
| 2020 | $14,338 USD | 25.87% | $1,304,000 USD | 51.63% |
| 2019 | $11,391 USD | 5.04% | $860,000 USD | - |
| 2018 | $10,844 USD | 3.81% | $860,000 USD | 17.17% |