4404 97th Avenue Ct W, University Place, WA 98466
- $1,199,000
- 2,930
- SqFt
Listing courtesy of Heaton Dainard, LLC. Selling Office: COMPASS.
- Sold Price
- $1,199,000
- List Price
- $1,199,000
- Status
- SOLD
- MLS#
- 2274784
- Closing Date
- Dec 06, 2024
- Days on Market
- 86
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 2,930
- Area Total SqFt
- 2930
- Annual Tax Ammount
- 9237
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 15,246
- Sewer
- Sewer Connected
Property Description
This is a beautifully remodeled 4-plex is with a 6.44% cap rate. All new finishes and exterior paint, offering completely remodeled units with high-end finishes, and a prime location that provides both convenience and charm. With all the updates and renovations already completed, this property is ready for you or your tenants to move in and start enjoying immediately. Situated close to chambers bay in a wooded neighborhood, each unit features a private deck and fireplace. There are 2-two-bedroom, bathroom units and 2-large one bedroom loft style units. All units have new appliances, water heaters and w/d combos.
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Additional Information
- List Date
- 2024-09-11 00:00:00
- Community
- Beckonridge
- Net Operating Income
- $77,163
- Gross Adjusted Income
- $88,800
- Gross Scheduled Income
- $88,800
- Total Monthly Income
- $7,400
- Insurance Expenses
- $2,400
- Gross Rent Multiplier
- 15.54
- Total Expenses
- $11,637
- Cap Rate
- 6.44
- Total Number of Units
- 4
- Unit Name
- 4404
- Potential Terms
- Conventional
- Year Built
- 1978
- Roof
- Composition
- Site Features
- Cable TV, Deck
- Energy Source
- Electric
- School District
- University Place
- Total Monthly Income
- $7,400
- Gross Scheduled Income
- $88,800
- Gross Adjusted Income
- $88,800
- Tax Year
- 2024
- Insurance Expense
- $2,400
- Total Expenses
- $11,637
- Net Operating Income
- $77,163
- Gross Rent Multiplier
- 15.54
- Cap Rate
- 6.44
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.