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Listing provided courtesy of Mike Mansour, John L. Scott, Inc..
Source NWMLS.

1612 Wright Avenue, Sumner, WA 98390$1,395,000

--
bed
--
bath
4564
ft2
· 12292
ft2 lot
$306 / ft2

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Looking to expand your investment portfolio & waiting for a lucrative opportunity? Park your nest egg in this piece of real estate & take advantage of positive cash flow. Fantastic, rare to find a 4-plex for sale in downtown Sumner. Well cared for & managed by the owner w/remodeled units, this gem brought in over $6,000 in gross revenue each month with potential for more. Each unit is approx. 1,200 SF w/2 beds, 2 baths, washer, dryer, stove, fridge & dishwasher. Strong rental history with long-term tenants. Low vacancies & easy to market. Centrally located to shopping, schools, parks, freeways and more. Be sure not to miss the beautiful Mt. Rainier Views while you're driving through town. Please do not disturb tenants or walk the property.

HOA

No HOA

On market

5 months

Year built

1989

Property type

Residential Income

Parking

10

MLS

1987477

Price / Sq.Ft.

$306 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1612 Wright Avenue

Interior Features & Layout
Interior Features
•   
Interior Features: Wall to Wall Carpet
Heating & Cooling
•   
Heating Details: Baseboard
Flooring
•   
Flooring: Vinyl Plank, Carpet
Property, Lot, Community & Exterior Features
Property Features
•   
View: Territorial
•   
Living Area Units: Square Feet
Lot Info
•   
Lot Size Source: Public Records
•   
Lot Description: Curbs, Paved, Sidewalk
•   
Developer/Bldr Lot: Downtown Sumner
•   
Acres: 0.2822 acre(s)
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Building Condition: Very Good
•   
Style: 4-Plex
•   
Stories: 4
•   
Foundation: Poured Concrete
•   
Roof: Composition
Exterior Features
•   
Exterior: Cable TV, High Speed Internet
Utilities & Other Information
Utilities
•   
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Water & Sewer Info
•   
Sewer: Sewer Connected
Listing Details, Costs & Financing Information
Terms
•   
Terms: Cash Out, Conventional
Tax/Assessment Info
•   
Tax Year: 2022
•   
Taxes: 9644.17
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
School Neighborhood & Directions
School Info
•   
Elementary School: Buyer To Verify
•   
Directions: 410 E to exit E Main/Traffic Ave, L - E Main Ave, straight onto Traffic Ave, straight onto Fryar Ave, R- Zehnder St, L- Wood Ave, Stay on Elm St E, R- Wright Ave, Turn right, Destination on the left
•   
Middle School: Buyer To Verify
Location
•   
Subdivision: Downtown Sumner

Property History for 1612 Wright Avenue

08/24/2022
08/24/2022
NWMLS #1987477
active
NWMLS #1987477
$1,395,000

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