20244 108th Avenue SEKent, WA98031
Listing courtesy of Jason Sharp of Dove Realty, Inc.
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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
| 5 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Status changed to Pending | |
| 8 months ago | Listing first seen on site |
Listing courtesy of Jason Sharp of Dove Realty, Inc.
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Last checked: 2025-04-01 04:58 PM PDT
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