501 11th Street SE, Puyallup, WA
Multi-family for Sale - $1,450,000 - 7,044 Sq. Ft. on 1.17 acres
Property Info
CIMLS# | 966898 |
Location 501 11th Street SE Puyallup WA 98372 | |
Updated | November 11th, 2017 |
Type | Multi-family |
Price | $1,450,000 |
Building | 7,044 Sq. Ft. |
Land | 1.17 acres |
Property Description
The offering provides an opportunity to acquire a stabilized asset where 7 of the 8 have been updated. All units are large 2 bedroom units with washer and dryer in suite. Each unit has a sliding glass door that opens in to a park like garden area.
Location Description:
The property is perfectly situated near downtown Puyallup coffee, restaurants, employers and grocery with easy access to the growing south hill retail corridor. Puyallup remains one of the fastest growing areas in the state with an estimated population of 40,000. Known for its strong schools and beautiful views of the cascades and Mount Rainier, it has become a favorite destination for young families in the Puget sound region.
Highlights:
>> 2017 remodeled building
>> Exterior and Interior upgrades
>> Additional upside in rents
>> Unique garden style layout provides a single family property feel
>> Fantastic meeker neighborhood location
>> Massive 50,822 SF lot - potential for future development
>> Short walk to down town Puyallup restaurants, coffee, and grocery
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