Share this with your friends
206-886-3986
Real Estate Company
3118 Morrison Road W Unit #A-D, University Place, WA 98466
Listing Broker: Coldwell Banker Danforth; Jay Grauman; 253-380-3939; jaygrauman@outlook.com
- $1,395,000
- 4,704
- SqFt
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- 2602514
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1988
- Living Area
- 4,704
- Lot Size
- 16,553
- Acres
- 0.38
- Subdivision
- University Place
- Neighborhood
- University Place
- MLS Area Major
- University Place
Property Description
5.9% CAP RATE! Fantastic investment opportunity in desirable University Place! This fully rented 4-plex offers immediate rental income with a strong rental history and an excellent location within the highly sought-after University Place School District. Each spacious unit features 3 bedrooms, 1.75 baths, an open kitchen with eating space, separate dining area, generous living room with fireplace, in-unit laundry, and a private covered deck with storage. Thoughtful floor plans offer added privacy with a separate hallway leading to the primary suite and attached bath. Property also features ample parking, including 4 covered spaces, and a large common area. Conveniently located near shopping, dining, transit, and everyday amenities. A great opportunity to add a fully occupied, income-producing property to your investment portfolio!
/u.realgeeks.media/choicehomes4sale/best-choice-realty-logo_small.png){kind=logo}
Additional Information
- Exterior Features
- Wood, Wood Products
- Property Description
- 54 - 4-Plex
- Flooring
- Laminate
- Heating
- Wall Furnace
- Air Conditioning
- None
- Roof
- Composition
- School District
- University Place
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
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.