MLS #2384784 / Listing provided by NWMLS .
$3,700,000
425 4th Street NE
Puyallup,
WA
98372
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 25
- Uncovered Parking Spaces: 25
- Open Parking Spaces: 25
Structure
- Roof: Composition
- Exterior Features: Wood Products
Lot Details
- Acres: 0.662
Schools
- High School District: Puyallup
- High School: Puyallup High
- Middle School: Kalles Jnr High
- Elementary School: Stewart Elem
Lot Details
- Acres: 0.662
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Septic Tank
- Water, Sewer, and Garbage: 19665
Charlie Hawkins Floberg
Office Manager | Managing Broker | REALTOR®
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