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3118 Morrison Rd W

University Place, WA 98466
  • $1,450,000
  • STATUS: Active
  • ON SITE: 42 days
  • ID#: 1789722
UPDATED: 54 min ago
$1,450,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Keller Williams Realty Ps.

Description

Amazing opportunity to own this tenant-occupied 4-plex in University Place! Ideally located in the highly desired UP School District & walking distance to shopping, dining & transit. Each 3-bed, 1.75 bath unit has an identical layout that includes an open kitchen with eating space, separate dining area, a spacious living room with wood fireplace, laundry area, a covered deck with additional storage, plus all appliances are included. Your tenants will love the unique bedroom layout that offers extra privacy via a separate hall to the master suite with attached bath. Outside find plenty of parking including 4 covered spots plus a large common area. Units have been fully occupied for the last 8 years & all tenants are current with year leases!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T11:14:01.877.

www.thekendratoddgroup.com/homes/118328573
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3118 Morrison Rd W University Place, WA 98466

  • Price: $1,450,000
  • Status: Active
  • Updated: 54 min ago
  • ID#: 1789722
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1988
Built
Neighborhood:
University Place
County:
Pierce
Area:
University Place
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
University Place
Property Description
Amazing opportunity to own this tenant-occupied 4-plex in University Place! Ideally located in the highly desired UP School District & walking distance to shopping, dining & transit. Each 3-bed, 1.75 bath unit has an identical layout that includes an open kitchen with eating space, separate dining area, a spacious living room with wood fireplace, laundry area, a covered deck with additional storage, plus all appliances are included. Your tenants will love the unique bedroom layout that offers extra privacy via a separate hall to the master suite with attached bath. Outside find plenty of parking including 4 covered spots plus a large common area. Units have been fully occupied for the last 8 years & all tenants are current with year leases!
Exterior Features

Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Paved Open Parking Spaces 3 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 3 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring LaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes

Property Features

Association Fee 0 Association Fee Frequency Annually Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 81540 Insurance Expense 1788 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 60812 New Construction YN No Possible Use Multi-Family Power Production Type ElectricWood Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-Partially Special Listing Conditions None Tax Annual Amount 11220 Tax Year 2021 Total Expenses 20728 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity AvailableWood Water Sewer Garbage 7720 Water Source Public Zoning Class Multi-Family

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T11:14:01.877.

 
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The Kendra Todd Group at Keller Williams
1307 N. 45th Street Suite 300
Seattle WA, 98103
Listing Courtesy of Keller Williams Realty Ps.