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506 -508 Cherry Avenue

Sumner, WA 98390
  • $1,925,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 2062051
UPDATED: 32 min ago
$1,925,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,347
    SQFT
  • $303
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Terrafin. Sold by .

Description

Terrafin is pleased to present this six-unit trophy asset, an irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These adjacent buildings offer sharing access, generous parking area, carports w/storage lockers + more off street parking. Coin-up laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Also large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. For years, these units have a high demand for rent & make for a straightforward investment!

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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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-04T07:16:51.2. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-04T07:16:51.2. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.tribecanw.com/homes/139074232
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506 -508 Cherry Avenue Sumner, WA 98390

  • Price: $1,925,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 32 min ago
  • ID#: 2062051
0
Beds
0
Baths
0
½ Baths
0.66
Acres
6,347
SQFT
$303
$/SQFT
1968
Built
Neighborhood:
Downtown Sumner
County:
Pierce
Area:
Sumner
Elementary School:
Buyer To Verify
Middle School:
Sumner Middle
High School:
Sumner Snr High
School District:
Sumner-Bonney Lake
Property Description
Terrafin is pleased to present this six-unit trophy asset, an irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These adjacent buildings offer sharing access, generous parking area, carports w/storage lockers + more off street parking. Coin-up laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Also large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. For years, these units have a high demand for rent & make for a straightforward investment!
Exterior Features

Carport Spaces 7 Carport YN No Covered Spaces 0 Exterior Features BrickWoodWood Products Lot Features CurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Features Rv Parking Parking Total 11 Parking Uncovered Spaces 4 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View Mountain(S)Partial View YN Yes Waterfront YN No

Interior Features

Building Area Total 6347 Cooling None Cooling YN No Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Forced Air Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryStorage Association YN No Cumulative Days On Market 4 Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 1 Net Operating Income 61789 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Company Pse Power Production Type Electric Property Condition Average Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Sumner Site Features Cable TvHigh Speed InternetRV Parking Special Listing Conditions None Tax Annual Amount 13796 Tax Year 2022 Units In Building Total 6 Water Company City Of Sumner Water Source Public Year Built Effective 1982 Zoning Class Multi-FamilyResidential Zoning Jurisdiction City



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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-04T07:16:51.2. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-04T07:16:51.2. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2062051-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2062051-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2062051-1.jpg
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Tribeca NW Real Estate
2800 156th Ave SE, Suite 110
Bellevue WA, 98007
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Terrafin. Sold by .