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$671,000
2486570 MLS ⋅ SOLD Status
Located on a quiet street in downtown Sumner, this Craftsman-style triplex is full of character and charm. The property features two renovated one-bedroom units, one with a separate exterior entrance, and a spacious studio. The 860 sq ft separately metered unfinished attic with 14’ vaulted ceilings offers an excellent opportunity to finish the space for owner occupancy or potentially create an additional unit. There is also a large unfinished basement for storage. Current below-market rents offer strong potential for increased income. The property includes four parking spaces plus ample off-street parking. Enjoy nicely landscaped grounds and well-maintained walkways. The home was completely rewired in 2019, and all units have separate electrical and gas meters. The property also features Mount Rainier views. Don’t miss this exceptional investment opportunity.

414 Sumner Avenue, Sumner

Listing courtesy of John L. Scott, Inc. Selling Office: John L. Scott R.E. Lake Tapps.

$720,000
2405057 MLS ⋅ SOLD Status
Great triplex in central location of the city of Sumner. These properties are almost always rented though they currently are under rented. Time for a new owner. Current owner wanting to do a 1031 exchange into another property. Two of the 3 units have been more recently remodeled. One was remodeled 10 years ago. The numbers showed are estimated for the rest of the year based on current rents and expenses of the first quarter averaged out for the full year. Photos are a few of the units from the past when vacant. Minutes away from the Sounder Station for easy commute to Seattle or Tacoma. The YMCA is within walking distance. Large lot offers possibilities.

15715 63rd Street Ct E, Sumner

Listing courtesy of FirstPoint Real Estate LLC. Selling Office: Realty One Group Turn Key.

$684,000
2146985 MLS ⋅ SOLD Status
Triplex with plenty of potential! This triplex provides a great opportunity for investors or House hackers (owner-occupy). The property is situated in a desirable location, close to amenities and transport links, making it an ideal investment opportunity. The layout is unique and includes a duplex in the front and a standalone house at the back of the property. While the property may require some work to bring it up to its full potential, it's an excellent opportunity for those willing to put in the effort. You have a headstart on the house, old flooring has been removed & Killz/paint has been applied to floors walls, and ceiling. After rehab, the pro forma cap rate is 8%. Roof replacement: House 2018, Duplex 2020

1507 Wood Avenue E, Sumner

Listing courtesy of eXp Realty. Selling Office: RSVP Real Estate-ERA Powered.

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