27514-27524 SE Kent-Kangley Rd

    Ravensdale, WA 98051
    • $295,000
    • STATUS: Pending
    • ON SITE: 41 days
    • ID#: 1346505
    Under Contract
    $295,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Listing Courtesy of John L. Scott - Kms Renton.

    Description

    Outstanding storage facility w/ofc bldg opp! 780 SF concrete block bldg w/att 1 garage fronting SE Kent Kangley Rd w/prkg for min 10 spots in front of bldg+25 metal pole for sign. Inside fenced compound is 4 car det garage in rear w/13 steel storage sheds all rented. 2 addl rented spots for vehicle prkg and potential for 6 steel storage units (currently rented for $150/ea) to expand rental opp/cash flow here. Current mo rental income $3,380/mo, all on mo/mo contracts. 2 tax parcels, cash cow!!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-26T00:18:14.943.

    www.homesonthesound.com/homes/86597382

    27514-27524 SE Kent-Kangley Rd Ravensdale, WA 98051

    • Price: $295,000
    • Status: Pending
    • ID#: 1346505
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1940
    Built
    Neighborhood:
    Ravensdale
    County:
    King
    Area:
    Black Diamond/Maple Valley/Covington
    Property Description
    Outstanding storage facility w/ofc bldg opp! 780 SF concrete block bldg w/att 1 garage fronting SE Kent Kangley Rd w/prkg for min 10 spots in front of bldg+25 metal pole for sign. Inside fenced compound is 4 car det garage in rear w/13 steel storage sheds all rented. 2 addl rented spots for vehicle prkg and potential for 6 steel storage units (currently rented for $150/ea) to expand rental opp/cash flow here. Current mo rental income $3,380/mo, all on mo/mo contracts. 2 tax parcels, cash cow!!
    Exterior Features

    Exterior Cement/ConcreteWood Foundation Concrete BlockSlab Loading 4-6 Bays Lot Depth 0 Lot Topography And Vegetation Level Roof MetalTorch Down Site Frontage 0 Style 78 - Warehouse Total Covered Parking Spaces 5 Total Uncovered Parking Spaces 10 Waterfront Footage 1030

    Interior Features

    Building Sq Ft 1580 Floor Covering Concrete Heating And Cooling Forced AirStove/Free Standing Office Sq Ft 750 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 38000 Assessed Value Land 140000 Assessed Value Total 178000 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 12.00 Commercial Features Storage Electrical Expenses 216 Energy Source ElectricWood EPSEnergy 0 Form17 Provided Free And Clear Y General Zoning Classification Commercial Gross Adjusted Income 40560 Gross Rent Multiplier 7 Gross Scheduled Income 40560 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Net Operating Income 37307 Other Expenses 0 Possession NegotiableSub. Tenant's Rights Power Company Pse Power Service Amps 0 Sewer Septic Sewer Company Septic Tax Amount 3037 Tax Year 2018 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 3253 Total Expenses TEX 3253 Total Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 0 Water Source See Remarks Zoning Jurisdiction County

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-26T00:18:14.943.

     
    Homes on the Sound
    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of John L. Scott - Kms Renton.