808 Ryan Avenue, Sumner, WA 98390
- $832,009
- 2,576
- SqFt
Listing courtesy of John L. Scott R.E. Lake Tapps. Selling Office: Timber Real Estate.
- Sold Price
- $832,009
- List Price
- $789,000
- Status
- SOLD
- MLS#
- 2308800
- Closing Date
- Dec 04, 2024
- Days on Market
- 3
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,576
- Area Total SqFt
- 2576
- Annual Tax Ammount
- 6862.32
- Lot Size (sq ft)
- 7,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-11-09
Property Description
Charming 4-Plex in prime Sumner Location. Located just steps away from shops, restaurants, train station and all the activities of this historic small town including parades, concerts and the high school marching band practicing through town. One level brick building is a well-maintained investment property offering residents off street parking and convenient community laundry room. Property has been refreshed with newer roof, windows, electrical, and sewer line, and offers a turnkey and low-maintenance opportunity. Each unit is separately metered. Garden space for each tenant. Easy access to freeways. Sumner School District. Whether you’re looking for a solid rental income opportunity or a long-term investment, this is a must-see!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-12-01 00:00:00
- Community
- Downtown Sumner
- Net Operating Income
- $37,842
- Gross Adjusted Income
- $54,000
- Gross Scheduled Income
- $54,000
- Total Monthly Income
- $4,500
- Insurance Expenses
- $1,848
- Water/Sewer/Garbage Expenses
- $5,348
- Gross Rent Multiplier
- 14.61
- Total Expenses
- $17,687
- Cap Rate
- 4.6
- Total Number of Units
- 4
- Unit Name
- 808
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1959
- View
- Territorial
- Roof
- Composition
- Site Features
- Sprinkler System
- Electric Expenses
- 1708
- Other Expenses
- 1920
- Energy Source
- Electric
- School District
- Sumner-Bonney Lake
- Total Monthly Income
- $4,500
- Gross Scheduled Income
- $54,000
- Gross Adjusted Income
- $54,000
- Tax Year
- 2024
- Insurance Expense
- $1,848
- W/S/G Expenses
- $5,348
- Total Expenses
- $17,687
- Net Operating Income
- $37,842
- Gross Rent Multiplier
- 14.61
- Cap Rate
- 4.6
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.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.