8223 8225 42nd Street Ct W, University Place, WA 98466

$650,000
1,748
SqFt

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Listing courtesy of Windermere Abode. Selling Office: RE/MAX Integrity.

Sold Price
$650,000
List Price
$617,500
Status
SOLD
MLS#
2134620
Closing Date
Aug 16, 2023
Days on Market
6
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,748
Area Total SqFt
1748
Annual Tax Ammount
6474
Lot Size (sq ft)
14,934
Sewer
Septic Tank
Offer Review Date
2023-07-11

Property Description

Welcome to this charming duplex in University Place. This well-maintained property boasts a newer 30-year roof, offering long-lasting protection. Inside, you'll find mirrored 2 bed/1 bath floorplans. Step into the inviting living room with cozy fireplace and dining area with sliding door to custom deck and lovely backyard. Roomy kitchen with abundant storage connects to laundry area and pantry. Generously sized bedrooms feature large closets. Each unit has a one-car garage and additional off-street parking. Utilize both sides as income-generating properties or live in one while renting the other! Close to Chambers Creek Regional Park with walking trails and breathtaking mountain and Sound views. Conveniently located to shopping and dining.

Additional Information

List Date
2023-08-10 00:00:00
Community
University Place
Net Operating Income
$20,615
Gross Adjusted Income
$20,615
Gross Scheduled Income
$29,400
Total Monthly Income
$2,450
Insurance Expenses
$1,303
Water/Sewer/Garbage Expenses
$1,008
Gross Rent Multiplier
21
Total Expenses
$8,785
Cap Rate
3.34
Total Number of Units
2
Unit Name
8223 8225
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1976
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Sprinkler System
Energy Source
Electric
School District
University Place
Total Monthly Income
$2,450
Gross Scheduled Income
$29,400
Gross Adjusted Income
$20,615
Tax Year
2023
Insurance Expense
$1,303
W/S/G Expenses
$1,008
Total Expenses
$8,785
Net Operating Income
$20,615
Gross Rent Multiplier
21
Cap Rate
3.34
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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