1520 Valley Avenue, Sumner, WA 98390
- $1,150,000
- 3,536
- SqFt
Listing courtesy of Four-U Realty Inc. Selling Office: eXp Realty.
- Sold Price
- $1,150,000
- List Price
- $1,199,000
- Status
- SOLD
- MLS#
- 2181889
- Closing Date
- Feb 28, 2024
- Days on Market
- 26
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,536
- Area Total SqFt
- 3536
- Annual Tax Ammount
- 6978
- Lot Size (sq ft)
- 12,675
- Sewer
- Sewer Connected
Property Description
Updated 4-Plex located in the heart of Downtown Sumner!! Great location, steps away to shopping, dining, schools, entertainment. Each unit has 2 BR, New Appliances, Garage + plenty of parking spaces for guests. Rental Income $8,800 monthly ($2,200 each Unit). New blacktop on driveway and parking area. Newer roof & updated vinyl windows, doors, flooring, lighting, cabinets, new kitchen appliances, new bathroom fixtures, fresh paint inside & out, and a shared laundry space. Easy access to frwys & hospital. ** Note, 3 of the 4 Units are fully updated, & 3 are currently rented at $2,200 a month (month to month leases), to allow for 4th unit to be owner occupied or rent out.
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Additional Information
- List Date
- 2024-02-02 00:00:00
- Community
- Downtown Sumner
- Total Monthly Income
- $8,800
- Insurance Expenses
- $2,909
- Water/Sewer/Garbage Expenses
- $8,707
- Total Expenses
- $18,594
- Cap Rate
- 6.5
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 1520
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- View
- Mountain(s), Territorial
- Roof
- Flat
- Site Features
- Deck, Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Elementary School
- Daffodil Vly Elem
- Middle School
- Sumner Middle
- High School
- Sumner Snr High
- Total Monthly Income
- $8,800
- Vacancy Rate
- 5
- Tax Year
- 2023
- Insurance Expense
- $2,909
- W/S/G Expenses
- $8,707
- Total Expenses
- $18,594
- Cap Rate
- 6.5
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.