Bought with Windermere RE South Sound, Inc
$1,355,000
$1,100,000
23.2%For more information regarding the value of a property, please contact us for a free consultation.
6,447 SqFt
SOLD DATE : 05/23/2022
Key Details
Sold Price $1,355,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,447 sqft
Price per Sqft $210
Subdivision Edgewood
MLS Listing ID 1918032
Sold Date 05/23/22
Style 55 - 5-9 Units
Year Built 1973
Annual Tax Amount $12,423
Lot Size 5.000 Acres
Lot Dimensions 164x1264x161x1265
Property Description
5 Units on 5 Acres comprised of 2 Duplexes w/ Identical Layouts + Single-Family Home. Each Duplex Unit is 2 Bdrm, 1.5 Bath, 1470 SF w/ 2-Car Garage & Laundry. Main Lvl feats Entry, Living Rm w/ Fireplace + Egress to Back Patio, Kitchen, Dining & Half Bath. Upstairs has 2 Bdrms & Jack-and-Jill Full Bath w/ Private Vanity Area for Bdrms. Ground Lvl contains 2-Car Garage & Laundry/Storage. Single-Family is Basic 1 Bdrm, 1 Bath Home w/ Full Basement. SF-5 Zoning permits Max Density of 5 units per Net Buildable Acre. True Value-Add Opportunity for Savvy Investor to Update Units, Raise Rents, & Better Utilize the Land. Big, Spacious Units in relatively Nice albeit Dated Condition in Some Areas. Tenant pays Elec & Gas. Landlord pays H20 & Sewer.
Location
State WA
County Pierce
Area 71 - Milton
Interior
Interior Features Forced Air, Laminate Hardwood, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
Amenities Available Cable TV, Deck, Gas Available, Patio, RV Parking
Waterfront No
View Y/N Yes
View Territorial
Roof Type Flat
Parking Type RV Parking
Building
Lot Description Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Northwood Elem
Middle Schools Edgemont Jnr High
High Schools Puyallup High
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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