$575,000
For Sale

0 Narrow Street

Sumner, WA 98390
Listing OfficeWindermere RE/Lake Tapps, Inc
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Don't miss out on one of the ONLY multi-family development sites available right in Downtown Sumner. This property is located within the town center which allows it to qualify for 8-12 year tax exemption! Majority of the preliminary work has been completed allowing a quick turn around to getting permits and breaking ground. The zoning allows for 16 units of multi-family with parking on site. This property is adjacent to the Sounder Train Station. Walking distance to Main Street in Sumner, cafes, restaurants, bars and grocery stores. It has quick access to Highway 410 & 167. With the desirability of Downtown Sumner and a huge shortage of housing, this would be a perfect property to develop or land bank for later use.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Lot DescriptionCurbs, Paved, Sidewalk
      • Utility SourceAvailable, In Street
      • School DistrictSumner-Bonney Lake
      • Style42 - Multi-Family
      • High SchoolSumner Snr High
      • Date ListedJune 06, 2022
      • Structure TypeMulti Family
      • Sewer InformationIn Street
      • Property TypePurchase
      • Original List Price$575,000
      • ViewPartial
      • MLS #1946803
      • MLS #1946803
      • Acres0.2479
      • SubdivisionSumner
      • CountyPierce
      • Taxes Annual$1,965
      • Cost575000
      • Property SubtypeLand
      • Days on Market (Cumulative)929
Kristi KaylorWindermere Real Estate
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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