Bought with ZNonMember-Office-MLS
$4,800,000
$4,750,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
728 Cherry AVE Sumner, WA 98390
14,580 SqFt
Key Details
Sold Price $4,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,580 sqft
Price per Sqft $329
Subdivision Sumner
MLS Listing ID 1930523
Sold Date 07/14/22
Style 56 - 10+ Units
Year Built 1967
Annual Tax Amount $24,436
Lot Size 0.769 Acres
Property Description
Turn-key asset or Total Value-Add play. Sumner Station is comprised of twenty spacious one and two-bedroom units with assigned surface parking. All units have been either slightly or fully renovated. The fully renovated units include hardwood flooring, granite countertops and stainless steel appliances. Two parcels comprised of three separate two-story buildings. Adjacent to Sounder Train Station. 33,486 SF Lot zoned TC with potential for multiple redevelopment options. Roof is a TPO membrane material. Within walking distance to historic Downtown Sumner's popular local restaurants, bars, cafes, and grocery stores. Convenient commuting location.
Location
State WA
County Pierce
Area 74 - Sumner
Interior
Interior Features Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Wood Products
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type See Remarks
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Sumner-Bonney Lake
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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