Active
  • Listed by: 

    Charles Burnett,

    Real Broker LLC

    $1,100,000

    824 Kincaid Avenue #1-6, Sumner, WA 98390

    4beds
    6baths
    3,280sqft
    : 
    Multi Family
    Built in 1929
    -- sqft lot
    $1,057,200 Zestimate®
    $335/sqft
    $-- HOA

    What's special

    Modern updatesCorner lotPrime corner lotNew gas heatersFresh exterior paintNew roofWelcoming courtyard
    Garden-style 6-unit apartment building in the heart of Downtown Sumner on a prominent corner lot. Mission-inspired arches and a welcoming courtyard highlight timeless charm alongside modern updates and strong investment fundamentals. Fully occupied with proven rental history, offered at a 6% cap rate, the property offers immediate cash flow with major improvements completed, including a new roof, fresh exterior paint, and new gas heaters. Interiors have been updated over the years. A rare opportunity to own a well-maintained historic multifamily in a walkable, high-demand location—offering stable income today and exceptional long-term redevelopment potential on a prime corner lot, with zoning allowing up to four stories of mixed-use.
    44 days
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    497
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    16
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