Sumner, WA 98390,728 Cherry AVE
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Sumner, WA 98390,728 Cherry AVE
Sumner, WA 98390,728 Cherry AVE
Sumner, WA 98390,728 Cherry AVE
Sumner, WA 98390,728 Cherry AVE
Listed by Westlake Associates, Inc.
Bought with ZNonMember-Office-MLS

$4,800,000

Est. payment /mo

$4,750,000

1.1%
Est.Price: ?

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728 Cherry AVE Sumner, WA 98390

14,580 SqFt

SOLD DATE : 07/14/2022

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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Northwest MLS (NWMLS)

Lisa Carlson

Managing Broker | License ID: 18647

+1(425) 750-3509

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