This is a beautifully remodeled 4-plex is with a 6.44% cap rate. All new finishes and exterior paint, offering completely remodeled units with high-end finishes, and a prime location that provides both convenience and charm. With all the updates and renovations already completed, this property is ready for you or your tenants to move in and start enjoying immediately. Situated close to chambers bay in a wooded neighborhood, each unit features a private deck and fireplace. There are 2-two-bedroom, bathroom units and 2-large one bedroom loft style units. All units have new appliances, water heaters and w/d combos.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms Possible: 2
- Bedrooms On Main Level: 2
- Bedroom 1 Level: Main
- Bedroom 2 Level: Main
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Full Bathrooms On Main Level: 1
- Bathroom 1 Level: Main
Interior Features
- Laminate Hardwood
- Water Heater
- Flooring: Laminate Hardwood
Heating and Cooling
- Fireplace Features: Wood
- Heating Features: Baseboard, Wall
- Heating Fuel: Electric
- Heating: Yes
- Water Heaters: Electric
Other Rooms
Exterior and Lot Features
Garage and Parking
- Carport Spaces: 4
- Covered Spaces: 4
- Parking Features: Carport-Detached
- Parking Total: 4
Land Info
- Land Lease: No
- Lot Description: Corner Lot, Curbs, Sidewalk
- Lot Size Acres: 0.35
- Topography: Level
- Vegetation: Garden Space
- Lot Size Square Feet: 15246
School Information
- High School District: University Place
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Cable TV
- Deck
- Annual Tax Amount: 9237
- Source Listing Status: Pending
- Country Region: US
- County: Pierce
- Directions: Take WA-18 W and I-5 S to Cener St in Tacoma. Take exit 1C from WA-16 W. Take S Orchard St, Emerson St and 40th St W to 4404 97th Ave W.
- Tax Year: 2024
- Source Property Type: Residential
- Inclusions: LeasedEquipment
- Area: 33 - University Place
- List Development Name: Beckonridge
- Source Neighborhood: Beckonridge
- Parcel Number: 0220167007
- Street Suffix Modifier: Avenue Ct
- Subdivision: Beckonridge
- Zoning Description: PI5
- Source System Name: C2C
- Buyer Agent Commission: 2.5
Building and Construction
- Total Square Feet Living: 2930
- Building Area Total: 2930
- Building Area Units: Square Feet
- Building Features: Built On Lot
- Direction Faces: West
- Entry Location: Main
- Foundation Details: Poured Concrete
- Levels: Two
- Living Area Units: Square Feet
- Property Age: 46
- Property Condition: Remodeled
- Roof: Composition
- Structure Type: House
- House Style: 2 Story
- Elevation Units: Feet
- Year Built Effective: 2024
- Architectural Style: Traditional
Utilities
- Power Production Type: Electric
- Sewer: Sewer Connected
- Water Source: Public
