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    412 -418 Meeker Street, Kent, WA 98032
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    412 -418 Meeker Street
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    • MLS#: NWM2289239 ( Residential Income )
    • Street Address: 412 -418 Meeker Street
    • Viewed: 1
    • Price: $1,850,000
    • Price sqft: $221
    • Waterfront: No
    • Year Built: 1958
    • Bldg sqft: 8376
    • Additional Information
    • Geolocation: 47.3813 / -122.237
    • County: KING
    • City: Kent
    • Zipcode: 98032
    • Subdivision: Kent
    • Provided by: Paragon Real Estate Advisors
    • Contact: Ben Douglas
    • 206-623-8880
    • DMCA Notice
    • Description
      Centrally located in the heart of Downtown Kent this presents a compelling opportunity to acquire a highly visible mixed use property, with 7% of its units having undergone renovation since 2021. The prospective owner not only inherits the stability of existing retail tenants but also possesses the value add potential to renovate the remaining apartment units and bring all the rents to market. The Melbourne Building boasts a versatile design, featuring three leased retail spaces on the ground floor and five apartment units on the top floor. All three retail units have been leased and undergone comprehensive interior renovations within the past two years.
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    Features
    Home Owners Association Fee
    1. 0.00
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. None
    Country
    1. US
    Covered Spaces
    1. 0.00
    Exterior Features
    1. Brick
    Garage Spaces
    1. 0.00
    Heating
    1. Hot Water Recirc Pump
    Insurance Expense
    1. 3423.00
    Living Area
    1. 0.00
    Area Major
    1. 330 - Kent
    Net Operating Income
    1. 124222.00
    Open Parking Spaces
    1. 10.00
    Other Expense
    1. 17727.00
    Parcel Number
    1. 9825700355
    Possession
    1. Closing
    Property Type
    1. Residential Income
    Roof
    1. Flat
    Sewer
    1. Sewer Connected
    Tax Year
    1. 2023
    Year Built
    1. 1958
    1. Making A Difference In How You Live!