326 State Street Unit #A&B, Sumner, WA 98390
- $600,000
- 2,010
- SqFt
Listing courtesy of eXp Realty. Selling Office: Terry Wise & Associates.
- Sold Price
- $600,000
- List Price
- $599,999
- Status
- SOLD
- MLS#
- 2201587
- Closing Date
- May 17, 2024
- Days on Market
- 45
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,010
- Area Total SqFt
- 2010
- Annual Tax Ammount
- 4916
- Lot Size (sq ft)
- 8,388
- Sewer
- Sewer Connected
Property Description
Rambler style side by side DUPLEX in the heart of downtown Sumner! Great investment opportunity to live in 1 unit and rent the other. Unit A has 2 beds & 1.75 baths, featuring LVP flooring & all appliances. Unit B has 2 beds and 1 bath, remodeled in 2019 which included doors, millwork, carpet, LVP flooring, water heater and paint. Each unit approx. 1005 sf, eating area, thermal windows, & spacious living rooms. Both units have their own washer/dryer, hot water tank & electrical panels. New electrical panel installed in unit A in 2018. Yard is partially fenced, plenty of parking w/ carport for unit A. 50 year PVC roof installed in 2022. Walking distance to the light rail, explore all downtown Sumner offers w/ easy access to HWY 167 and 410.
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Additional Information
- List Date
- 2024-04-02 00:00:00
- Community
- Sumner
- Net Operating Income
- $36,306
- Gross Adjusted Income
- $36,306
- Gross Scheduled Income
- $45,600
- Total Monthly Income
- $3,800
- Insurance Expenses
- $1,438
- Water/Sewer/Garbage Expenses
- $2,940
- Total Expenses
- $9,294
- Cap Rate
- 5.7
- Total Number of Units
- 2
- Unit Name
- 326
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1935
- View
- Territorial
- Roof
- See Remarks
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $45,600
- Gross Adjusted Income
- $36,306
- Tax Year
- 2023
- Insurance Expense
- $1,438
- W/S/G Expenses
- $2,940
- Total Expenses
- $9,294
- Net Operating Income
- $36,306
- Cap Rate
- 5.7
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.