1501 1503 Wright Avenue, Sumner, WA 98390
- $610,000
- 1,664
- SqFt
Listing courtesy of Better Properties Real Estate. Selling Office: Skyline Properties, Inc..
- Sold Price
- $610,000
- List Price
- $599,950
- Status
- SOLD
- MLS#
- 2270805
- Closing Date
- Aug 30, 2024
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Remodeled
- Finished SqFt
- 1,664
- Area Total SqFt
- 1664
- Annual Tax Ammount
- 4869
- Lot Size (sq ft)
- 9,230
- Sewer
- Sewer Connected
Property Description
Centrally located in adorable downtown Sumner and within walking distance to all amenities! Investors dream location as Sumner is one of Pierce County’s most sought after communities! One side is completely remodeled w/ new flooring, trim, paint, sinks, toilet & PEX plumbing. *NEW ROOF interior & exterior paint* Each unit features: 2 bdrms, 1 full bath, spacious living rooms, kitchen open to eating areas & 1-car garage. Both W/Dryers stay. Fully fenced backyard w/ flagstone patio & plenty of room for BBQ's, entertaining & guests. One side rented through next June 2025 at $2,000 a month, the other is the owners. Choose to owner occupy this duplex or put into your investment portfolio. This area draws a GREAT ROI! Easy to show, call today!!
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Additional Information
- List Date
- 2024-08-27 00:00:00
- Community
- Sumner
- Net Operating Income
- $29,092
- Gross Adjusted Income
- $40,920
- Gross Scheduled Income
- $40,920
- Total Monthly Income
- $3,410
- Insurance Expenses
- $1,259
- Water/Sewer/Garbage Expenses
- $2,100
- Total Expenses
- $11,828
- Cap Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1501 1503
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1960
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio
- Electric Expenses
- 1740
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Total Monthly Income
- $3,410
- Gross Scheduled Income
- $40,920
- Gross Adjusted Income
- $40,920
- Tax Year
- 2024
- Insurance Expense
- $1,259
- W/S/G Expenses
- $2,100
- Total Expenses
- $11,828
- Net Operating Income
- $29,092
- Cap Rate
- 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.