1916 Bridgeport Way W, University Place, WA 98466
- $615,000
- 2,192
- SqFt
Listing courtesy of Windermere Real Estate/East. Selling Office: Skyline Properties, Inc..
- Sold Price
- $615,000
- List Price
- $639,000
- Status
- SOLD
- MLS#
- 2195434
- Closing Date
- May 31, 2024
- Days on Market
- 69
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,192
- Area Total SqFt
- 2192
- Annual Tax Ammount
- 5685
- Lot Size (sq ft)
- 11,250
- Sewer
- Sewer Connected
Property Description
University Place INVESTMENT! Solid up/down [daylight lower level] duplex on huge level lot. The upper unit has large living, dining + kitchen spaces. 3 good-sized bedrooms + large bath! Hardwoods under carpet + wood burning FP. Large windows throughout create amazing natural light! 1950s mid-century charm throughout and SO immaculate. The lower unit is a 2 bed/1 bath also with generous spaces. Gorgeous level yard with perennials all about. RV carport, storage + shop too! [think potential additional rental $$] Carport parking for 2 and tons of off-street parking. For long-term value add, add a DADU in back!! Great location, great tenants, great opportunity!
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Additional Information
- List Date
- 2024-03-23 00:00:00
- Community
- University Place
- Net Operating Income
- $26,895
- Gross Adjusted Income
- $26,895
- Gross Scheduled Income
- $38,340
- Total Monthly Income
- $3,195
- Insurance Expenses
- $1,060
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 23
- Total Expenses
- $11,445
- Cap Rate
- 4.2
- Total Number of Units
- 2
- Unit Name
- 1916
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1954
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Outbuildings, Patio
- Other Expenses
- 3500
- Energy Source
- Electric
- School District
- University Place
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,195
- Gross Scheduled Income
- $38,340
- Gross Adjusted Income
- $26,895
- Tax Year
- 2023
- Insurance Expense
- $1,060
- W/S/G Expenses
- $1,200
- Total Expenses
- $11,445
- Net Operating Income
- $26,895
- Gross Rent Multiplier
- 23
- Cap Rate
- 4.2
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.