7414 31st St Ct W, University Place, WA 98466

$965,000
4,528
SqFt

Listing courtesy of Kidder Mathews.

Selling office:

Sold Price
$965,000
List Price
$1,025,000
Status
SOLD
MLS#
1419835
Closing Date
Oct 21, 2019
Days on Market
229
Style
54 - 4-Plex
Building Condition
['Remodeled']
Finished SqFt
4,528
Lot Size (sq ft)
8,276

Property Description

In the heart of University Place, this 4-plex has updated townhome style units. New roof, siding repairs, new exterior paint, new parking lot striping, and improvements to the landscaping were done in 2018. Each unit has a washer & dryer, fireplace, private deck & patio area, vinyl windows, updated flooring, new cabinet faces, and updated counter tops. The property has a WalkScore of 75 making it very walkable to the amenities within a 1/2 mile radius.

Additional Information

List Date
2019-03-06 00:00:00
Community
University Place
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out
Year Built
1981
Total Parking
8
Uncovered Parking
8
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Patio
Lot Details
Cul-de-sac, Dead End Street, Paved Street
School District
University Place
Elementary School
Evergreen Primary
Middle School
Curtis Jnr High
High School
Curtis Snr High
Total Monthly Income
$7,198
Gross Scheduled Income
$86,376
Gross Adjusted Income
$86,988
Annual Taxes
$6,285
Tax Year
2019
Insurance Expense
$850
W/S/G Expenses
$8,440
Total Expenses
$15,575
Net Operating Income
$71,413
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1132
Unit 1 Rent
$1,699
Unit 2 Beds
3
Unit 2 Baths
1.50
Unit 2 Size
1132
Unit 2 Rent
$1,650
Unit 3 Beds
3
Unit 3 Baths
1.50
Unit 3 Size
1132
Unit 3 Rent
$1,699
Unit 4 Beds
3
Unit 4 Baths
1.50
Unit 4 Size
1132
Unit 4 Rent
$1,750
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