5306 5308 51st Avenue Ct W, University Place, WA, 98467

Address

5306 5308 51st Avenue Ct W, University Place, WA

Listing Type

Multi-Family

Price

$ 800,000

Property Attributes

ID#2161981
TypeMulti-Family
CountyPIERCE
CityUniversity Place
AreaUniversity Place
NeighborhoodUniversity Place
Zip98467
StyleDuplex
Year Built2003
Taxes$ 7864
Price$ 800,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage2443
Lot Size11,796 SqFt

Data Source:

Northwest Multiple Listing Service (NWMLS)

Property Description

Pristine Duplex Investment with a Unique Owner-Occupied Option in the highly coveted University Place area. This duplex is meticulously maintained, boasting both an attractive facade and low maintenance needs, offering investors peace of mind. Inside, you'll discover spacious units with multiple bedrooms and bathrooms, propane fire places, vaulted ceilings and large 2 car garage each side, making them ideal for tenants and comfortably accommodating owner-occupiers. The flexibility of this investment is a standout feature - whether you choose to enjoy steady rental income from one unit while residing in the other, or opt to lease both units at competitive market rates. Tenants cover essential costs, power, water, garbage, and propane.

Price History
9/18/2023	Listed $800,000

General Features

Amenities	Thermal Windows
Building Area Units	Square Feet
Carport Y/N	No
City	University Place
County	Pierce
Directions	From S Orchard St west on 53rd St W, left on 51st Ave Ct W to property on right.
Energy Efficient	Thermal Windows
Exterior Features	Metal/Vinyl
High School District	Tacoma
Insurance Expense	1141
Interior Features	Wall to Wall Carpet
Leasable Area	2443
Listing Terms	Cash Out, Conventional, FHA, VA Loan
Lot Size Square Feet	11798
MLS Area	34 - University Place
Net Operating Income	36211
New Construction	No
Open Parking Spaces	4
Possession	Closing, Tenant's Rights
Possible Use	Multi-Family
Property Condition	Very Good
Property Style	52 - Duplex
Property SubType	Multi-Family
Property Type	Residential Income
Public Remarks	Pristine Duplex Investment with a Unique Owner-Occupied Option in the highly coveted University Place area. This duplex is meticulously maintained, boasting both an attractive facade and low maintenan
Roof	Composition
Senior Community Y/N	No
Sewer	Sewer Connected
Special Listing Conditions	None
Standard Status	Active
Status	Active
Street Name	51st
Structure Type	Duplex
Subdivision Name	University Place
Tax Annual Amount	7864
Tax Year	2023
Total Units	2
Units Below Grade	false
Units In Building Total	2
View Y/N	No
Water Company	TPU
Water Sewer Garbage	1344
Waterfront Y/N	No
Year Built	2003
Zoning Class	Multi-Family

Interior Features

Air Conditioning Y/N	Yes
Fireplace Y/N	No
Flooring	Vinyl, Carpet
Furnished Y/N	Unfurnished
Heating Y/N	Yes
Living Area Units	Square Feet
Power Production Type	Electric, Propane
Street Suffix	Avenue Ct
Total Stories	1

Exterior Features

Building Area Total	2443
Covered Spaces	4
Foundation Details	Poured Concrete
Irrigation Water Rights Y/N	No
Lot Features	Dead End Street, Paved
Lot Size Acres	0.2708
Lot Size Units	Square Feet
Open Parking Y/N	Yes
Parking Uncovered Spaces	4
Site Features	Cable TV, Deck, Propane, Sprinkler System
Total Parking	8
Water Source	Public