422 South 262nd Street

Kent, WA 98032

$799,995
Price
13,800 / 0.32
Lot Size / Acres

Description

Shovel READY, 5 attached townhomes fully permitted and ready to build. The style offers 5 X 2000+ sf units or 10 units including 5 ADUs. The plan is designed to keep as 10 rental units or build and sell 5 townhomes. Roof deck offers a beautiful view of the river across the street. All permits have been approved and the property is ready to be built. Great opportunity to buy a ready to build Multi Family to keep or develop and sell. Motivated seller. The seller is a builder.Shovel READY, 5 attached townhomes fully permitted and ready to build. The style offers 5 X 2000+ sf units or 10 units including 5 ADUs. The plan is designed to keep as 10 rental units or build and sell 5 townhomes. Roof deck offers a beautiful view of the river across the street. All permits have been approved and the property is ready to be built. Great opportunity to buy a ready to build Multi Family to keep or develop and sell. Motivated seller. The seller is a builder.
  1. Listed by Nima Cyrus Bagha • AgencyOne

Property Details for 422 South 262nd Street

Community Name
Kent
School District
Kent
View
River, Territorial
Entry Date
10-21-2023
Sewer
In Street

Location

Listing Courtesy of AgencyOne
Add your commute
LISTING UPDATED: 03/14/2024 07:24 PM

Property Details for 422 South 262nd Street

StatusActive
MLS #2173821
Days on Market190
Cumulative Days on Market196
Taxes$2,647 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.32 AC
CountyKing County

Location

Listing Courtesy of AgencyOne
Add your commute

Building Information for 422 South 262nd Street

Lot Size0.32 AC

Payment Calculator

$4,586 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 South 262nd Street

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 330 - Kent
  • Block: 262
  • Elementary School: Scenic Hill Elem
  • Middle Or Junior School: Mill Creek Mid Sch
  • High School: Kent-Meridian High
  • Directions: From 167 highway, Take Willis Street exit, Take a Right on Central Ave, Take a left on Alder ln. Property is in the corner of Alder LN and Maple Ln.
  • Property Sub Type: VACL
  • Road Information: Access Easement,Paved
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
  • Additional Tax Ids: 346280-0223
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: Available
  • Septic Design Installed: false
  • Water Source: Available, In Street
  • Utilities: Natural Gas Available, Electricity Connected
Property and Assessments
  • Senior Exemption: No
  • Soils Feasibility Available: true
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Slope of Property: Flat lot, ready to build
  • Water Jurisdiction: City Of Kent
  • Zoning Remarks: 42 - Multi-Family
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Soil Test Date: 02/22/2021
  • Survey: Available and ready to build
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 2
Lot Information
  • Lot Details: Corner Lot, Paved, Sidewalk
  • Lot Number: 26
  • Lot Size Source: 0.31
  • Parcel Number Free Text: 3462800223
  • Calculated Square Footage: 0
  • Level Comment: Corner lot, accesses from two sides
  • Structure Type: Multi Family
  • Road On Which Side: Two sides, Corner lot
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 422 South 262nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 422 South 262nd Street

This home is within Kent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Scenic Hill Elementary School
PublicPK to 6

Mill Creek Middle School
Public7 to 8

Kent-Meridian High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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422 South 262nd Street is a 0.32 ac of land for sale in Kent, WA 98032. This property was listed for sale on October 21, 2023 by AgencyOne, it's currently listed at $799,995. It has been on the market for a total of 190 days and was last sold on August 1, 2019. This listing's school district is Kent School District. Nearby schools include Scenic Hill Elementary School, Mill Creek Middle School and Kent-Meridian High School. 422 South 262nd Street is a 0-bed, 0-bath, 0.32 ac of land on a 13,800 sq. ft. / 0.32 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AgencyOne

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.