$749,950

6 Beds 4 Baths 2,648 SQFT 0.23 Acres
Type: Multi-Family

5902 115th Street E
Puyallup, WA 98373

MLS#: 2563334
Presented by: Washington First Properties and NWMLS

Property Description

 

Don't miss this amazing investment opportunity! Maximize your portfolio returns with this premium, one-level, low-maintenance duplex nestled in a quiet cul-de-sac community. This fantastic duplex property with larger than average size units is located in a small community of similar duplexes right off of Canyon Road and very close to Hwy 512. The HOA takes care of most of the landscaping for ultimate ease of ownership. Perfect for seasoned investors or owner-occupants looking to house-hack, this turnkey property features an efficient floor plan with 1,324 SF each side—each boasting a highly rentable 3-bedroom, 2-bathroom layout, individual fully finished and painted 2-car garages, wide driveway, and newer appliances are included. This duplex backs to nature and has woods on the west side for premium privacy that renters will appreciate. Enjoy immediate, predictable cash flow from established, long-term tenants, alongside massive upside potential to capture full market value upon lease renewals. This is an investment opportunity that you cannot afford to miss. Make an appointment to see it today!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeNatural Gas
Total Fireplaces0
Total Stories1

General

AmenitiesThermal Windows
Assoc Fee Paid PerQuarterly
Building Area Units0 sqft
Building NameCANYON CREEK PDD
Cap Rate4.77
Carport Spaces0
Carport Y/NNo
CityPuyallup
CoolingNone
CountyPierce
DirectionsFrom Canyon Road E heading South, turn Left on 112th Street E. Right on 58th Ave E, and then Left on 115th St E. The property will be the first one on the right as you enter the neighborhood.
Electric Expense0
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces4
HOAYes
HOA Fee$440
HeatingForced Air
High School DistrictPuyallup
Insurance Expense1496
Leasable Area2,648 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet10,095 sqft
Lot Size UnitsSquare Feet
MLS Area87 - Puyallup
NWM_ShowMapLinkY
Net Operating Income35783
New ConstructionNo
Number Of Units Total2
PossessionClosing, See Remarks, Subject To Tenant Rights
Possible UseResidential
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDon't miss this amazing investment opportunity! Maximize your portfolio returns with this premium, one-level, low-maintenance duplex nestled in a quiet cul-de-sac community. This fantastic duplex prope
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NamePuyallup
Tax Annual Amount$7,761
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanySummit Water District
Water Sewer Garbage1560
Year Built2004
Zoning DescriptionResidential

Exterior

Building Area Total2,648 sqft
Covered Spaces4
Exterior AmenitiesBrick, Wood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Curbs, Paved, Sidewalk
Lot Number10
Lot Size Acres0.2317
Parking Uncovered Total4
Site FeaturesCable TV, Fenced-Fully, Gas Available, Patio
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$749,950

6 Beds 4 Baths 2,648 SQFT 0.23 Acres
Type: Multi-Family

5902 115th Street E
Puyallup, WA 98373

MLS#: 2563334