10401 E TO 10415 66TH Avenue Unit #1-8, Puyallup, WA 98373

$1,800,000
5,670
SqFt

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Listing courtesy of Skyline Properties, Inc.. Selling Office: Best Choice Realty LLC.

Sold Price
$1,800,000
List Price
$1,850,000
Status
SOLD
MLS#
2294993
Closing Date
Mar 04, 2025
Days on Market
133
Style
55 - 5-9 Units
Building Condition
Average
Finished SqFt
5,670
Area Total SqFt
5670
Annual Tax Ammount
10643.38
Lot Size (sq ft)
32,400
Sewer
Septic Tank

Property Description

First time on the market in decades! Same ownership just shy of 30 years. Sellers will consider Seller Financing with sizable down payment over 33% and right terms. Discover this meticulously maintained 8-plex, featuring a fresh exterior paint job, gutters and a brand-new roof with a warranty, Aerobic Septic System & ideally situated in a vibrant Puyallup neighborhood! This property is not only visually appealing but also offers peace of mind for investorsThis property offers a mix of spacious 1& 2-bedroom units.Strong Rental Income: Happy tenants + great location, long-term tenants.Prime Location: Minutes to Hwy 512 & Canyon, Shopping & GasLow Maintenance: Well-kept landscaping and durable building materials. Avg 9.5yr renters

Additional Information

List Date
2024-10-22 00:00:00
Community
Puyallup
Net Operating Income
$90,278
Gross Adjusted Income
$90,279
Gross Scheduled Income
$117,000
Total Monthly Income
$10,200
Insurance Expenses
$9,500
Water/Sewer/Garbage Expenses
$6,078
Gross Rent Multiplier
15
Total Expenses
$26,721
Cap Rate
5
Total Number of Units
8
Unit Name
10401
Potential Terms
Cash Out, Conventional
Year Built
1968
Roof
Composition, See Remarks
Site Features
Fenced-Partially, Patio
Electric Expenses
500
Energy Source
Electric
School District
Puyallup
Elementary School
Woodland Elem
Middle School
Ballou Jnr High
High School
Gov John Rogers Hs
Total Monthly Income
$10,200
Gross Scheduled Income
$117,000
Gross Adjusted Income
$90,279
Tax Year
2024
Insurance Expense
$9,500
W/S/G Expenses
$6,078
Total Expenses
$26,721
Net Operating Income
$90,278
Gross Rent Multiplier
15
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.
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