Pending inspection
  • Listed by: 

    Brendan Greenheck,

    Northmarq Multifamily, LLC

    Price cut: $150K (6/2)
    $3,550,000

    425 4th Street NE, Puyallup, WA 98372

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $3,276,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    We are pleased to present Prestige Townhomes, a well-maintained 1980 vintage asset located in Puyallup, WA. This 12-unit property features spacious, turnkey 2-bedroom, 1.5 bath townhomes with in-unit laundry averaging 940 SF. Each unit is equipped with modern finishes, including vinyl plank flooring, quartz countertops, stainless-steel appliances, and copper plumbing. The property currently achieves an average rent of $2,052 per unit, with the highest rent at $2,300 and two additional units rented at $2,195. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $150/unit, to potentially $248/unit unlocking additional revenue potential for new ownership.
    83 days
    on Zillow
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    95
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