1507 Wood Avenue E, Sumner, WA 98390
- $684,000
- 2,381
- SqFt
Listing courtesy of eXp Realty. Selling Office: RSVP Real Estate-ERA Powered.
- Sold Price
- $684,000
- List Price
- $684,000
- Status
- SOLD
- MLS#
- 2146985
- Closing Date
- Oct 11, 2023
- Days on Market
- 27
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 2,381
- Area Total SqFt
- 2381
- Annual Tax Ammount
- 6648
- Lot Size (sq ft)
- 14,400
- Sewer
- Sewer Connected
Property Description
Triplex with plenty of potential! This triplex provides a great opportunity for investors or House hackers (owner-occupy). The property is situated in a desirable location, close to amenities and transport links, making it an ideal investment opportunity. The layout is unique and includes a duplex in the front and a standalone house at the back of the property. While the property may require some work to bring it up to its full potential, it's an excellent opportunity for those willing to put in the effort. You have a headstart on the house, old flooring has been removed & Killz/paint has been applied to floors walls, and ceiling. After rehab, the pro forma cap rate is 8%. Roof replacement: House 2018, Duplex 2020
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Additional Information
- List Date
- 2023-09-14 00:00:00
- Community
- Sumner
- Total Expenses
- $6,648
- Total Number of Units
- 3
- Unit Name
- 1507
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1963
- Roof
- Built-Up, Composition
- Site Features
- Outbuildings, RV Parking
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Elementary School
- Daffodil Vly Elem
- Middle School
- Sumner Middle
- High School
- Sumner Snr High
- Tax Year
- 2023
- Total Expenses
- $6,648
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