4522 Sunset Drive W, University Place, WA 98466

$570,000
1,840
SqFt

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Listing courtesy of Park 52, Inc.. Selling Office: WEBREALTY.

Sold Price
$570,000
List Price
$575,000
Status
SOLD
MLS#
2177850
Closing Date
Dec 15, 2023
Days on Market
7
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,840
Area Total SqFt
1840
Annual Tax Ammount
6200
Lot Size (sq ft)
13,504
Sewer
Sewer Connected

Property Description

Great investment opportunity in the heart of University Place with both sides occupied by long term tenants. Each side has 2 bedrooms, 1 bathroom, in-unit laundry room with hook-ups, and access to huge fenced backyard with storage. Units also come with one car carport that has additional storage and extra driveway parking. Close to Whole Foods, Traders Joe's, Chambers Bay, schools, parks, shopping, and more!

Additional Information

List Date
2023-12-08 00:00:00
Community
University Place
Net Operating Income
$25,050
Gross Adjusted Income
$35,100
Gross Scheduled Income
$35,100
Total Monthly Income
$2,925
Insurance Expenses
$1,400
Gross Rent Multiplier
16.4
Total Expenses
$10,050
Cap Rate
4.3
Total Number of Units
2
Unit Name
4522
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1967
Roof
Composition
Other Expenses
2450
Energy Source
Electric
School District
University Place
Total Monthly Income
$2,925
Gross Scheduled Income
$35,100
Gross Adjusted Income
$35,100
Tax Year
2023
Insurance Expense
$1,400
Total Expenses
$10,050
Net Operating Income
$25,050
Gross Rent Multiplier
16.4
Cap Rate
4.3
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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