423 2nd St NE

    Puyallup, WA 98372
    • $1,360,000
    • STATUS: Pending
    • ON SITE: 122 days
    • ID#: 1332671
    Under Contract
    UPDATED: 62 min ago
    $1,360,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Lee Labrash Real Estate.

    Description

    HISTORIC HOLLY HOTEL. Back on the market. Downtown Puyallup Landmark 2 story Bldg W/bsmt. 29 ROOMS, MOSTLY EXTENDED STAY..RM's Avail.by month, week or night. Licensed as Transient Accomodations Hotel- Not Landlord Tenant. ALL rooms FURNISHED & ALL have Refrig. Micro. CABLE TV. WE CLEAN Bi WEEKLY. * 6 SUITES $985./Mo W/Full kitchen & private bath. + 12 studio HOTEL ROOMS W/private bath $825./Mo. + 11 ECONOMY STUDIOS with 2 European type shared baths.$750/Mo. listing broker is the Owner.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-11-20T22:14:44.283.

    www.homesonthesound.com/homes/85828744

    423 2nd St NE Puyallup, WA 98372

    • Price: $1,360,000
    • Status: Pending
    • Updated: 62 min ago
    • ID#: 1332671
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    1928
    Built
    Neighborhood:
    Puyallup Valley
    County:
    Pierce
    Area:
    Puyallup
    Property Description
    HISTORIC HOLLY HOTEL. Back on the market. Downtown Puyallup Landmark 2 story Bldg W/bsmt. 29 ROOMS, MOSTLY EXTENDED STAY..RM's Avail.by month, week or night. Licensed as Transient Accomodations Hotel- Not Landlord Tenant. ALL rooms FURNISHED & ALL have Refrig. Micro. CABLE TV. WE CLEAN Bi WEEKLY. * 6 SUITES $985./Mo W/Full kitchen & private bath. + 12 studio HOTEL ROOMS W/private bath $825./Mo. + 11 ECONOMY STUDIOS with 2 European type shared baths.$750/Mo. listing broker is the Owner.
    Exterior Features

    Building Condition Remodeled Construction Methods Standard Frame Exterior StuccoWood Foundation Poured ConcreteSee Remarks Lot Depth 120 Lot Dimensions 120X185 Lot Topography And Vegetation Level Roof Composition Site Frontage 185 Style 64 - Hotel/Motel Total Covered Parking Spaces 2 Total Uncovered Parking Spaces 15 Waterfront Footage 0

    Interior Features

    Building Sq Ft 10000 Floor Covering VinylWall to Wall Carpet Heating And Cooling Hot Water Recirc Pump Office Sq Ft 300 Total Sq Ft Rented 8500

    Property Features

    Assessed Value Improvements 333100 Assessed Value Land 705100 Assessed Value Total 1038200 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 0.00 Cap Rate N Commercial Features Storage Electrical Expenses 11489 Energy Source ElectricNatural Gas Environment Survey N EPSEnergy 0 Expansion Area Y Form17 Exempt Free And Clear N General Zoning Classification Commercial Gross Adjusted Income 282000 Gross Rent Multiplier 4 Gross Scheduled Income 293200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 7977 Lot Number 78910 Net Operating Income 186100 Other Expenses 51996 Pad Ready N Possession ClosingNegotiableSub. Tenant's Rights Power Company Puget Sound Energy Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Puyallup Tax Amount 16040 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 95893 Total Expenses TEX 95893 Total Monthly Rent 24000 Vacancy Rate 4 Water Company City Of Puyallup Water Sewer Garbage 8391 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-11-20T22:14:44.283.

     
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    Listing Courtesy of Lee Labrash Real Estate.