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Listed by Kidder Mathews David A. Kelley
$ 1,600,000
Est. payment | /mo
16 Beds
8 Baths
0.56 Acres Lot
$ 1,600,000
Est. payment | /mo
16 Beds
8 Baths
0.56 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Puyallup
MLS Listing ID 2450786
Style 55 - 5-9 Units
Bedrooms 16
Year Built 1976
Annual Tax Amount $13,008
Lot Size 0.558 Acres
Property Sub-Type Multi Family
Property Description
8-unit opportunity with assumable debt in place fixed through 2030. The property features updated systems, a newer roof, and fully renovated unit interiors significantly reducing near-term capital expenditures and positioning the asset for ease of ownership and consistent cash flow from day one. With the heavy lifting already complete, investors can immediately benefit from stable income while exploring upside through further rent growth in a market experiencing strong demand and low vacancy. Strategically located in Puyallup — the property benefits from excellent access to employment centers, public transit, and local amenities.
Location
State WA
County Pierce
Area 79 - Puyallup
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Torch Down
Building
Sewer Septic Tank
New Construction No
Schools
School District Puyallup
Others
Senior Community No
Acceptable Financing Assumable
Listing Terms Assumable
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Angie Sherman
Licensed REALTOR | Client Consultant