6316 6318 73rd Avenue Ct W, University Place, WA 98467
- $900,000
- 2,952
- SqFt
Listing courtesy of Windermere Abode. Selling Office: Keller Williams Eastside.
- Sold Price
- $900,000
- List Price
- $899,000
- Status
- SOLD
- MLS#
- 2209471
- Closing Date
- May 24, 2024
- Days on Market
- 4
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,952
- Area Total SqFt
- 2952
- Annual Tax Ammount
- 8382
- Lot Size (sq ft)
- 14,322
- Sewer
- Septic Tank
Property Description
A true University Place duplex with solid rental history & income! Each unit boasts 3 bedrooms (primary on the main) PLUS an office space, 2.5 baths, full size 2 car garage, 1,476 sq. feet of living space & beautiful vaulted ceilings. Additionally, each unit has its own dedicated backyard space, electric meter, dining area & extra off-street parking. Unit 6318 has been recently remodeled with new flooring throughout, interior paint, trim & kitchen appliances. Unit 6316 is ready for a refresh but is in solid condition & has had the same tenant for 7 years. Total annual income is $63,600 & both tenants would like to stay if possible. UP Schools, Trader Joes, Whole Foods, Chambers Bay & Charles Wright make this one a great opportunity for all.
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Additional Information
- List Date
- 2024-05-20 00:00:00
- Community
- University Place
- Net Operating Income
- $50,838
- Gross Adjusted Income
- $63,600
- Gross Scheduled Income
- $63,600
- Total Monthly Income
- $5,300
- Insurance Expenses
- $1,364
- Water/Sewer/Garbage Expenses
- $2,015
- Gross Rent Multiplier
- 14.14
- Total Expenses
- $12,761
- Cap Rate
- 5.66
- Total Number of Units
- 2
- Unit Name
- 6316 6318
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1988
- Roof
- Composition
- Site Features
- Fenced-Fully, Patio, RV Parking, Sprinkler System
- Other Expenses
- 1000
- Energy Source
- Electric
- School District
- University Place
- Elementary School
- Chambers Elem
- Middle School
- Curtis Jnr High
- High School
- Curtis Snr High
- Total Monthly Income
- $5,300
- Gross Scheduled Income
- $63,600
- Gross Adjusted Income
- $63,600
- Tax Year
- 2024
- Insurance Expense
- $1,364
- W/S/G Expenses
- $2,015
- Total Expenses
- $12,761
- Net Operating Income
- $50,838
- Gross Rent Multiplier
- 14.14
- Cap Rate
- 5.66
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.