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1507 Wood Ave
Sumner, WA 98390

  • $425,000
  • STATUS: Active
  • ON SITE: 191 days
  • ID#: 1001386
UPDATED: 50 min ago
$425,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,381
    SQFT
  • $178
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

High School:
School District:
Listing Courtesy of Prudential Nw Realty Assoc..

Description

Wonderful opportunity for Income producing property. Large Lot. Three places- A Duplex in front & a house in the back. Garage plus 3 outside Storage sheds. Properties are occupied (showing by appointment) but excellent value and opportunity to make $$$. All residences are 2 BR 1 bath, all utilities and services are working and being used. Rents have not been increased in quite a while. Tenants have month to month lease. All properties are in good shape but have not been updated recently. Call!

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-26T12:14:39.037.

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www.resg.com/homes/66580953

1507 Wood Ave Sumner, WA 98390

  • Price: $425,000
  • Status: Active
  • Updated: 50 min ago
  • ID#: 1001386
0
Beds
0
Baths
0
½ Baths
0.33
Acres
2,381
SQFT
$178
$/SQFT
1963
Built
Neighborhood:
Sumner
County:
Pierce
Area:
Sumner
High School:
Sumner Snr High
School District:
Sumner
Property Description
Wonderful opportunity for Income producing property. Large Lot. Three places- A Duplex in front & a house in the back. Garage plus 3 outside Storage sheds. Properties are occupied (showing by appointment) but excellent value and opportunity to make $$$. All residences are 2 BR 1 bath, all utilities and services are working and being used. Rents have not been increased in quite a while. Tenants have month to month lease. All properties are in good shape but have not been updated recently. Call!
Exterior Features

Building Condition Good Carport Spaces 0 Exterior BrickWoodWood Products Foundation Concrete Block Garage Spaces 1 Lot Details Paved Street Roof Composition Stories In Building 1 Style 53 - Tri-plex Total Parking Spaces 6 Uncovered Spaces 6 View Territorial

Interior Features

Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1056 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 663 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 663 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Amenities StorageThermal Windows Bank Owned No Cap Rate 6.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Residential Gross Adjusted Income 27013 Gross Rent Multiplier 12 Gross Scheduled Income 36600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1200 Leased Items None Lot Number Both Building & House Net Operating Income 25932 New Construction YN No Other Expenses 960 Possession Sub. Tenant's Rights Power Company Berkshire Hathaway Home Services Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Berkshire Hathaway Home Services Site Features Cable TVDeckDisabled AccessFenced-FullyFenced-PartiallyOutbuildingsPatioRV Parking Tax Amount 3827 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 9587 Total Expenses TEX 9587 Total Monthly Income 3050 Unit1 Monthly Rent 1250 Unit2 Monthly Rent 900 Unit3 Monthly Rent 900 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 4 Water Company Berkshire Hathaway Home Services Water Sewer Garbage 3600 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-26T12:14:39.037.

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Real Estate Solutions Group - NWRE LLC
1027 State Ave, Suite 102
Marysville WA, 98270
Listing Courtesy of Prudential Nw Realty Assoc..