1507 Wood Avenue E, Sumner, WA 98390

WA, Sumner
$684,000
  • 2,381 Sqft
  • Residential Income Property Type
  • 1963 Year Built
  • Closed Status
Property Description

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

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2146985
  • Price: $684,000
  • Square Footage: 2,381 Sqft
  • Year Built: 1963
  • Lot Area: 0.33 Acre
  • Status: Closed
  • Office Name: eXp Realty
  • Agent Name: Becca Pitts
  • Property Sub Type: Multi-Family
  • Roof: Composition, Built-Up
Features
  • Heating System Baseboard
  • Cooling System None
  • Parking RV Parking
  • Exterior Features Wood, Wood Products, Brick
  • Flooring Carpet, Vinyl, Laminate
  • Interior Features Wall to Wall Carpet, Laminate Hardwood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Sumner
  • Zipcode 98390
  • Street: Wood
  • Street Number: 1507
  • Street Suffix: Avenue
  • Longitude: W123° 45' 48.7''
  • Latitude: N47° 12' 28.1''
  • Directions: GPS works great for this property. North on Fryer Ave, right onto Zehnder St, Left onto Wood Ave Dulex, and house on the right.
  • Mls Area Major: 74 - Sumner
  • Street Dir Suffix: E
Neighborhood
  • Elementary School: Daffodil Vly Elem
  • High School: Sumner Snr High
  • High School District: Sumner-Bonney Lake
  • Middle School: Sumner Middle
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • On Market Date: 2023-08-03
  • Number Of Units Total: 3
  • Lot Features: Paved
  • Foundation Details: Poured Concrete, Block
Financial
  • Tax Annual Amount: 6648
Listing Information
  • List Agent Mls Id: 87890
  • List Office Mls Id: 5939
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:47:28Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-12T03:32:30Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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