Bought with Northmarq Commercial, LLC
$2,340,000
$2,450,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1204 1218 7th AVE SE Puyallup, WA 98372
7,080 SqFt
Key Details
Sold Price $2,340,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,080 sqft
Price per Sqft $330
Subdivision Puyallup
MLS Listing ID 2173435
Sold Date 12/28/23
Style 52 - Duplex
Year Built 1970
Annual Tax Amount $17,827
Lot Size 0.742 Acres
Property Sub-Type Multi-Family
Property Description
Built in 1970, the Puyallup Flats is a duplex style, fully renovated, prime investment opportunity in the Downtown Puyallup submarket of Washington. All units are fully remodeled 2/1 layouts with in-unit full size Washer Dryer and attached garage. Each duplex is on its own tax parcel and situated on a 32,330 SF lot, the Puyallup Flats offers 8 two-bedroom units each measuring approximately 885 SF, totaling a NRSF of 7,080. The interiors have undergone recent renovations, featuring new kitchen cabinets, quartz CT, stainless-steel appliances, W/D in a dedicated laundry room, upgraded flooring, etc. The Puyallup Flats are situated in an area characterized by a stable vacancy rate that is lower than the submarket's pre-pandemic average.
Location
State WA
County Pierce
Area 83 - Puyallup
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Fully, Patio
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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