$680,000
3706 S 255th Place, Kent, WA 98032
3 Beds
2.5 Baths
1,920 Sq Ft
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MLS #2550031 / Listing provided by NWMLS & Keller Williams Rlty Bellevue.

$680,000

3706 S 255th Place
Kent, WA 98032

Active 23 hours ago
3
Beds
2.5
Baths
1,920
Sq Ft
$354
Per Sq Ft
1978
Year Built

Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Lower Level Bedrooms: 0
  • Upper Level Bedrooms: 1

Bathrooms

  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three-quarter Bathrooms: 0
  • Full Bathrooms: 2
  • Full Bathrooms in Garage: 0
  • Half Bathrooms in Garage: 0
  • Three-quarter Bathrooms in Garage: 0

Fireplaces

  • Total Fireplaces: 1
  • Main Level Fireplaces: 1

Water Heater

  • Water Heater Location: Garage
  • Water Heater Type: Gas

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage: Yes
  • Garage Attached: Yes
  • Parking Features: Attached Garage
  • Parking Total: 2

Structure

  • Roof: Composition
  • Exterior Features: Wood
  • Foundation: Block

Lot Details

  • Lot Features: Curbs, Paved, Sidewalk
  • Acres: 0.1963
  • Foundation: Block
Area Features

Schools

  • High School District: Federal Way
  • High School: Thomas Jefferson Hig
  • Middle School: Evergreen Middle
  • Elementary School: Sunnycrest Elem

Transportation

  • Nearby Bus Line: true

Lot Details

  • Lot Features: Curbs, Paved, Sidewalk
  • Acres: 0.1963
  • Foundation: Block
Utilities

Power

  • Energy Source: Natural Gas
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: City of Kent
  • Sewer: Sewer Connected
  • Water Company: City of Kent
  • Water Source: Public
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