1. Washington
2. Kent
3. 20244 108th Avenue SE

20244 108th Avenue SE, Kent, WA 98031

Property Description

This listing courtesy of Jason Sharp, Dove Realty, Inc.

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 Status:

Pending

Listing Office:

Dove Realty, Inc. : 253-565-3683

Listing Agent:

Jason Sharp : 253-565-3683

MLS ID:

2285405

Interior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jason Sharp, Dove Realty, Inc.