$959,500

6 Beds 6 Baths 3,168 SQFT 0.21 Acres
Type: Multi-Family

5807 March Lane
Sumner, WA 98390

MLS#: 2581281
Presented by: Bentley Properties and NWMLS

Property Description

 

Perfect for investors looking for a 6% return or more, or owner-occupied. Live in one and lease the others. This excellent property features with three fully updated two-bedroom units, each with 1.5 baths, washer & dryer, vinyl windows, one car garage, lots of drivway parking, fireplaces & laminate flooring. Unit A has new quartz counter tops in the kitchen, new kitchen cabinets and updated bathroom. You will love the outdoor space with nice patios and spacious fenced backyards. Conveniently located in the middle of Sumner surrounded by nice homes, in a cul-de-sac, close to all amenities, schools, & parks. All three units have great tenants and are always rented. Take advantage of this incredible investment opportunity in a highly desirable location.


 

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, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate6
Carport Spaces0
Carport Y/NNo
CitySumner
CoolingNone
CountyPierce
DirectionsDowntown Sumner, East on Main St, Left on Graham, Right on Garden, Right on March Ave, triplex is on your left.
Electric Expense1000
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictSumner-Bonney Lake
Insurance Expense3853
Leasable Area3,168 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet9,000 sqft
Lot Size UnitsSquare Feet
MLS Area74 - Sumner
NWM_ShowMapLinkY
Net Operating Income57374
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property ConditionUpdated/Remodeled
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPerfect for investors looking for a 6% return or more, or owner-occupied. Live in one and lease the others. This excellent property features with three fully updated two-bedroom units, each with 1.5 ba
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameDowntown Sumner
Tax Annual Amount$10,413
Tax Year2026
Units Below Gradefalse
Units In Building Total3
Water CompanySumner
Water Sewer Garbage4728
Year Built1981
Zoning DescriptionMulti-Family

Exterior

Building Area Total3,168 sqft
Covered Spaces3
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Lot Size Acres0.2066
Parking Uncovered Total3
Site FeaturesCable TV, Fenced-Fully, Patio
Total Parking6
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$959,500

6 Beds 6 Baths 3,168 SQFT 0.21 Acres
Type: Multi-Family

5807 March Lane
Sumner, WA 98390

MLS#: 2581281