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1609 Maple Lane Unit #C1-C8, Kent
$1,500,000
2559752 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

35411 252nd Avenue SE, Auburn
$774,900
2 Beds ⋅ 1 Baths ⋅ 2601333 MLS ⋅ ACTIVE Status
Welcome to this private haven, inside this charming 2-bedroom home with a large deck that overlooks the Green River, enjoy the scenic river views as well as hearing the river flow, nature lovers will appreciate the abundance of wildlife that call this area home, including an array of birds, deer, elk, & occasional bear. This inviting 2-bedroom, 1 bath home offers a blend of comfort, character & peaceful country living. As you approach, a welcoming covered front porch sets the tone for the warmth inside, a chef's kitchen with granite counters, quality appliances, ageless wood cabinetry, spacious island with seating, perfect for casual dining & entertaining, dining area, wood-burning free-standing fireplace that adds warmth & ambiance, comfortable living room with a spiral staircase to the upstairs view room & provides access & view of the expansive outdoor living space, creating the perfect setting to relax, entertain & enjoy the surrounding privacy & natural beauty. This sits on 5.13 acres, the driveway and home with outbuildings & landscaped yard are level and yes, to get to the river is a slope. There are breathtaking views of Mount Rainier from both bedrooms & yard. This is a gorgeous setting indeed. Don't miss this opportunity.

35411 252nd Avenue SE, Auburn

Listing Broker: Windermere RE West Campus Inc; Carol Haley; 253-653-1086; haleyc@windermere.com

1609 Maple Lane Unit #C5-C8, Kent
$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,000+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 4-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C5-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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