4404 97th Avenue W #1-4
University Place, WA 98466
$754,000
- Est. $2,636/mo
- Calculate
- 3,000 Sq. Ft.
- 1978 Year Built
- 0.35 Acres
Property Highlights
- Neighborhood:
- University Place
- Acreage:
- 0.35 acres
Listing Courtesy of Northwest MLS / Sound Realty Group Inc and Realogics Sotheby's Int'l Rlty
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Property Description
Solid Fourplex located in desirable University Place. Value-Add Opportunity with a ~ 6.5% Market Cap Rate. Units 1,2,4 are month-to-month with rents well below market rates, unit 3 has been left vacant for viewing. Lower units are 2bed/1bath, upper are loft/1bath, all with washer/dryer hookups. Brand new 2021 roof, newer water heaters. Plenty of off-street parking. Sits on a .35 acre corner lot with private driveway; lots of open space; nice & quiet backyards. High-demand rental located within an award-winning school district (UP); near Chambers Bay Golf Course, walking trails, amenities, etc.
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Property Details
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- MLS ID:
- 1808912
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- Area:
- University Place
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- Community:
- University Place
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- County:
- Pierce County
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- Flooring:
- Laminate, Carpet
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- Lot Size Sq. Ft.:
- 15,246
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- Lot Style:
- Corner Lot, Open Space
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- Property Subtype:
- Multi-Family
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- Property Type:
- Residential Income
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- Status:
- Sold
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- Year Built:
- 1978
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Additional Highlights
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- Exterior:
- Wood
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- Furnished:
- Unfurnished
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- Heating / Cooling:
- Baseboard
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- Parking:
- 9
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- Roofing:
- Composition
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- Total Number of Units:
- 4
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Taxes and Fees
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- Taxes (Est):
- $7,456
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- Taxes (Year):
- 2021
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