Sumner, WA 98390,1507 Wood AVE E
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Sumner, WA 98390,1507 Wood AVE E
Sumner, WA 98390,1507 Wood AVE E
Sumner, WA 98390,1507 Wood AVE E
Sumner, WA 98390,1507 Wood AVE E
Listed by eXp Realty
Bought with RSVP Real Estate-ERA Powered

$684,000

Est. payment /mo

$684,000

Est.Price: ?

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1507 Wood AVE E Sumner, WA 98390

2,381 SqFt

SOLD DATE : 10/11/2023

Key Details

Sold Price $684,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,381 sqft

Price per Sqft $287

Subdivision Sumner

MLS Listing ID 2146985

Sold Date 10/11/23

Style 53 - Tri-plex

Year Built 1963

Annual Tax Amount $6,648

Lot Size 0.331 Acres

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

Location

State WA

County Pierce

Area 74 - Sumner

Interior

Interior Features Laminate Hardwood, Wall to Wall Carpet

Flooring Laminate, Vinyl, Carpet

Fireplace No

Exterior

Exterior Feature Brick, Wood, Wood Products

Amenities Available Outbuildings, RV Parking

Waterfront No

View Y/N No

Roof Type Built-Up,Composition

Parking Type RV Parking

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Daffodil Vly Elem

Middle Schools Sumner Middle

High Schools Sumner Snr High

School District Sumner-Bonney Lake

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

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Northwest MLS (NWMLS)

Lisa Carlson

Managing Broker | License ID: 18647

+1(425) 750-3509

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