8101 41st Street Ct W, University Place, WA 98466

$700,000
2,102
SqFt

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Listing courtesy of RE/MAX Exclusive. Selling Office: RE/MAX Integrity.

Sold Price
$700,000
List Price
$699,950
Status
SOLD
MLS#
2323986
Closing Date
Feb 14, 2025
Days on Market
1
Style
52 - Duplex
Finished SqFt
2,102
Area Total SqFt
2102
Annual Tax Ammount
7397
Lot Size (sq ft)
17,595
Sewer
Sewer Connected

Property Description

Opportunity knocks- One level L-Shaped Duplex with large private back yards-Centrally located in the highly desired community of University Place. Rent both units or live in one unit and rent the other. Not your typical duplex-unique L Shape design with one unit facing 41st and the other unit facing Sunset creates private entrances. Each dwelling offers two bedrooms/one bath and a oversized one car garage with plenty of extra parking. Both feature laminate flooring throughout, updated bathrooms, utility rooms and recent energy plan packages. 8101 has upgraded granite slab counters, new light and plumbing fixtures. Massive 17,595 square foot lot offers extensive privacy both in front and rear of the property. 4106 is wheelchair accessible.

Additional Information

List Date
2025-02-13 00:00:00
Community
University Place
Net Operating Income
$36,563
Gross Adjusted Income
$4,800
Gross Scheduled Income
$48,000
Total Monthly Income
$4,000
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$840
Gross Rent Multiplier
14.58
Total Expenses
$11,437
Cap Rate
0.05
Total Number of Units
2
Unit Name
8101
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Site Features
Deck, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
Electric Expenses
1200
Energy Source
Electric
School District
University Place
Total Monthly Income
$4,000
Gross Scheduled Income
$48,000
Gross Adjusted Income
$4,800
Tax Year
2024
Insurance Expense
$2,000
W/S/G Expenses
$840
Total Expenses
$11,437
Net Operating Income
$36,563
Gross Rent Multiplier
14.58
Cap Rate
0.05
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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