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!
| MLS # | 2550198 |
|---|---|
| Listing Type | For Sale |
| Building Name | Parkside 02 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 75 |
| Listing Provided By | Keller Williams Rlty Bellevue | Maggie Sun |
| SQ Feet | 1,920 |
|---|---|
| Garage | 2 |
| Story(s) | 3 |
| Units | 3 |
| Acreage | 0.01 |
| Property | 6108 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Kent |
| Zip Code | 98032 |
| Area | 120 Des Moines | Redondo |
| Community Name | West Hill |
| School District | Thomas Jefferson Hig |
| Elementary School | Sunnycrest Elem |
| High School | Thomas Jefferson Hig |
| Listing VS Median (in West Hill) | |
Price: $639,000 low | high Med: $739,500 sqft: 1,920 low | high Med: 2,483 $ / sqft: $333 low | high Med: $298 On site: 75 low | high Med: 20.5 | |
| State | WA |
|---|---|
| County | King |
| City | Kent |
| Zip Code | 98032 |
| Area | 120 Des Moines | Redondo |
| Community Name | West Hill |
| School District | Thomas Jefferson Hig |
| Elementary School | Sunnycrest Elem |
| High School | Thomas Jefferson Hig |
| Listing VS Median (in West Hill) | |
Price: $639,000 low | high Med: $739,500 sqft: 1,920 low | high Med: 2,483 $ / sqft: $333 low | high Med: $298 On site: 75 low | high Med: 20.5 | |
![]() | $639,0003706 S 255th PlaceKent, WA 98032 |
![]() | $650,00025340 36th PlaceKent, WA 98032 |