4820 4824 79th Avenue W, University Place, WA 98467

$735,000
2,544
SqFt

Listing courtesy of Keller Williams Tacoma.

List Price
$735,000
Status
ACTIVE
MLS#
1999268
Price Change
▼ $20,000 1666838112
Days on Market
75
Style
52 - Duplex
Building Condition
Average
Finished SqFt
2,544
Area Total SqFt
2544
Annual Tax Ammount
7001
Lot Size (sq ft)
15,246
Sewer
Septic Tank

Property Description

Remarkable Value and Investment Opportunity with this Centrally Located University Place Duplex. Each unit features 2 bdrms, 1.75 baths and 1,272 sq ft for a total of 2,544 total rentable sq ft. Each unit also features a 1 car attached garage and range/oven, fridge, dishwasher, washer and dryer. Wonderful setting, 0.35 acre lot, partially fenced with a nice patio area for each unit. The possibilities here are endless, live in one side and rent the other or rent both! University Place Schools, conveniently located to all amenities and more! An opportunity like this does not come often.

Additional Information

List Date
2022-09-22 21:12:10
Community
University Place
Net Operating Income
$33,107
Gross Adjusted Income
$42,294
Gross Scheduled Income
$44,520
Total Monthly Income
$3,710
Insurance Expenses
$1,144
Water/Sewer/Garbage Expenses
$1,041
Gross Rent Multiplier
17.85
Total Expenses
$9,186
Cap Rate
4.39
Vacancy Rate
5
Total Number of Units
2
Unit Name
4820 4824
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Site Features
Fenced-Partially, Patio
Heating/Cooling Type
Baseboard, Ductless HP-Mini Split
Energy Source
Electric
School District
University Place
Total Monthly Income
$3,710
Gross Scheduled Income
$44,520
Vacancy Rate
5
Gross Adjusted Income
$42,294
Tax Year
2022
Insurance Expense
$1,144
W/S/G Expenses
$1,041
Total Expenses
$9,186
Net Operating Income
$33,107
Gross Rent Multiplier
17.85
Cap Rate
4.39
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