705 4th Avenue SW, Puyallup, WA 98371

$775,000
2,058
SqFt

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Listing courtesy of Windermere Prof Partners. Selling Office: Cascade Properties & Invest..

Sold Price
$775,000
List Price
$775,000
Status
SOLD
MLS#
2286072
Closing Date
Oct 30, 2024
Days on Market
5
Style
53 - Tri-plex
Building Condition
Remodeled
Finished SqFt
2,058
Area Total SqFt
2058
Annual Tax Ammount
4197
Lot Size (sq ft)
7,575
Sewer
Sewer Connected

Property Description

Discover the perfect blend of modern updates and classic charm in this remodeled Puyallup triplex. This versatile property features three distinct units, each thoughtfully designed for comfort, style and convenience. The main floor boasts a spacious 2 Bed/1.5 Bath unit with an open floor plan, ideal for both relaxation and entertaining. Upstairs, you'll find two charming 1 Bed/1 Bath units that provide cozy living spaces with access to a shared balcony. Convenient to Puyallup's best shopping, dining and amenities, and with easy access to major transportation hubs, this property offers unmatched convenience. Whether you're looking for an investment opportunity or a place to call home with additional rental income, this triplex is a must-see!

Additional Information

List Date
2024-10-25 00:00:00
Community
Downtown
Net Operating Income
$46,500
Gross Adjusted Income
$60,990
Gross Scheduled Income
$64,200
Total Monthly Income
$5,350
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$3,240
Gross Rent Multiplier
12
Total Expenses
$16,110
Cap Rate
6
Vacancy Rate
5
Total Number of Units
3
Unit Name
705
Potential Terms
Cash Out, Conventional
Year Built
1905
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Gas Available
Electric Expenses
2160
Other Expenses
4713
Energy Source
Electric, Natural Gas
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,350
Gross Scheduled Income
$64,200
Vacancy Rate
5
Gross Adjusted Income
$60,990
Tax Year
2024
Insurance Expense
$1,800
W/S/G Expenses
$3,240
Total Expenses
$16,110
Net Operating Income
$46,500
Gross Rent Multiplier
12
Cap Rate
6
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.
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