15906 Elm St E

    Sumner, WA 98390
    • $1,175,000
    • STATUS: Pending
    • ON SITE: 91 days
    • ID#: 1551436
    Under Contract
    UPDATED: 34 min ago
    $1,175,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,400
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Redfin Corp..

    Description

    Opportunity of a life time to own a high-end money maker! Each unit is 1,600 sq ft, 3 bedrooms, 2.25 baths, master is complete w/ en-suite. All have been totally remodeled to include modern finishes, fresh paint, new trim, new appliances, updated electrical, plumbing & fresh exterior paint. Each unit includes private washer/dryer, dishwasher & additional storage. 5.16% cap rate with under market value rents! With a fantastic rental history, this is an opportunity that you won't want to overlook!

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    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 The Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-04T23:13:24.203.

    www.jeffsnowgroup.com/homes/102020431

    15906 Elm St E Sumner, WA 98390

    • Price: $1,175,000
    • Status: Pending
    • Updated: 34 min ago
    • ID#: 1551436
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    6,400
    SQFT
    $184
    $/SQFT
    1978
    Built
    Neighborhood:
    Sumner
    County:
    Pierce
    Area:
    Sumner
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Sumner
    Property Description
    Opportunity of a life time to own a high-end money maker! Each unit is 1,600 sq ft, 3 bedrooms, 2.25 baths, master is complete w/ en-suite. All have been totally remodeled to include modern finishes, fresh paint, new trim, new appliances, updated electrical, plumbing & fresh exterior paint. Each unit includes private washer/dryer, dishwasher & additional storage. 5.16% cap rate with under market value rents! With a fantastic rental history, this is an opportunity that you won't want to overlook!
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior BrickWood Foundation Slab Garage Spaces 0 Lot Details Paved Street Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinylWall to Wall Carpet Heating And Cooling Forced AirWall Unit1 Bathrooms 2.25 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1600 Unit1 Washer Dryer Y Unit2 Bathrooms 2.25 Unit2 Bedrooms 3 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1600 Unit2 Washer Dryer Y Unit3 Bathrooms 2.25 Unit3 Bedrooms 3 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1600 Unit3 Washer Dryer Y Unit4 Bathrooms 2.25 Unit4 Bedrooms 3 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1600 Unit4 Washer Dryer Y 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 Thermal Windows Bank Owned No Cap Rate 5.16 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 79500 Gross Rent Multiplier 15 Gross Scheduled Income 75900 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1800 Leased Items None Net Operating Income 60679 New Construction YN No Other Expenses 0 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Sumner Site Features Cable TVFenced-FullyGas AvailableHigh Speed InternetOutbuildings Tax Amount 8732 Tax Year 2019 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 18821 Total Expenses TEX 18821 Total Monthly Income 6625 Unit1 Monthly Rent 1600 Unit2 Monthly Rent 1675 Unit3 Monthly Rent 1675 Unit4 Monthly Rent 1675 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Sumner Water Sewer Garbage 8289 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 The Snow Group at Keller Williams North Seattle 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 The Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-04T23:13:24.203.

     
    The Snow Group at Keller Williams North Seattle
    10700 Meridian Ave N, Suite 504
    Seattle WA, 98133
    Listing Courtesy of Redfin Corp..