2504 Bridgeport Way W, University Place, WA 98466

$623,000
2,926
SqFt

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Listing courtesy of The Joseph Group. Selling Office: Skyline Properties, Inc..

Sold Price
$623,000
List Price
$629,000
Status
SOLD
MLS#
2218781
Closing Date
Jan 21, 2025
Days on Market
154
Style
52 - Duplex
Finished SqFt
2,926
Area Total SqFt
2926
Annual Tax Ammount
6225
Lot Size (sq ft)
9,000
Sewer
Sewer Connected

Property Description

INSTANT CASH FLOW AND HUGE UPSIDE IN A GROWING MARKET

Additional Information

List Date
2024-08-20 00:00:00
Community
University Place
Net Operating Income
$45,141
Gross Adjusted Income
$60,062
Gross Scheduled Income
$61,920
Total Monthly Income
$5,160
Insurance Expenses
$1,950
Water/Sewer/Garbage Expenses
$4,421
Gross Rent Multiplier
11.29
Total Expenses
$14,921
Cap Rate
6.5600000000000005
Vacancy Rate
3
Total Number of Units
2
Unit Name
2504
Potential Terms
Cash Out, Conventional
Year Built
1945
Roof
Composition
Site Features
Fenced-Fully, Gas Available, Outbuildings, Patio
Electric Expenses
1167
Energy Source
Electric, Natural Gas
School District
University Place
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,160
Gross Scheduled Income
$61,920
Vacancy Rate
3
Gross Adjusted Income
$60,062
Tax Year
2024
Insurance Expense
$1,950
W/S/G Expenses
$4,421
Total Expenses
$14,921
Net Operating Income
$45,141
Gross Rent Multiplier
11.29
Cap Rate
6.5600000000000005
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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