508 11th Street NW, Puyallup, WA 98371
- $3,900,000
- 20,736
- SqFt
Listing courtesy of Windermere Real Estate/East. Selling Office: Skyline Properties, Inc..
- Sold Price
- $3,900,000
- List Price
- $4,100,000
- Status
- SOLD
- MLS#
- 2162995
- Closing Date
- Dec 29, 2023
- Days on Market
- 11
- Style
- 56 - 10+ Units
- Finished SqFt
- 20,736
- Area Total SqFt
- 20736
- Annual Tax Ammount
- 26604
- Lot Size (sq ft)
- 43,947
- Sewer
- Sewer Connected
Property Description
Perry Townhomes, crafted in 1978, offers 20 spacious townhomes (~1,037SF) across four buildings on a 1.01-acre lot with 31 parking spaces. Each unit features a well-designed layout with a living room and kitchen on the main floor and 2 bedrooms and 1 bathroom upstairs. In-suite washer and dryer and outdoor patios enhance daily living. Roof (2018), windows & doors (2021) and exterior paint (2020) recently updated. Located in Puyallup's heart, residents enjoy easy access to Downtown Puyallup, restaurants, bars, cafes, parks, and the nearby Sounder train station. Convenient access to Highways I5, I167, and I512 simplifies commuting. Puyallup's strong rental market and low inventory makes Perry Townhomes an incredible investment opportunity!
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Additional Information
- List Date
- 2023-12-18 00:00:00
- Community
- Puyallup
- Net Operating Income
- $273,646
- Gross Adjusted Income
- $366,225
- Gross Scheduled Income
- $385,500
- Total Monthly Income
- $366,625
- Insurance Expenses
- $11,721
- Water/Sewer/Garbage Expenses
- $22,042
- Gross Rent Multiplier
- 11.2
- Total Expenses
- $92,578
- Cap Rate
- 6.67
- Vacancy Rate
- 5
- Unit Name
- 508
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1978
- View
- Territorial
- Roof
- Torch Down
- Other Expenses
- 32211
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Karshner Elem
- Middle School
- Aylen Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $366,625
- Gross Scheduled Income
- $385,500
- Vacancy Rate
- 5
- Gross Adjusted Income
- $366,225
- Tax Year
- 2023
- Insurance Expense
- $11,721
- W/S/G Expenses
- $22,042
- Total Expenses
- $92,578
- Net Operating Income
- $273,646
- Gross Rent Multiplier
- 11.2
- Cap Rate
- 6.67
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.