$750,000

4 Beds 3 Baths 2,330 SQFT 0.26 Acres
Type: Multi-Family

3119 Bridgeport Way W
University Place, WA 98466

MLS#: 2502777
Presented by: TS Property Management and NWMLS

Property Description

 

Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate5.84
Carport Spaces0
Carport Y/NNo
CityUniversity Place
CoolingNone
CountyPierce
DirectionsPlease use GPS
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard, Wall Furnace
High SchoolBuyer To Verify
High School DistrictUniversity Place
Insurance Expense1246
Leasable Area2,330 sqft
Listing TermsCash, Conventional, FHA
Living Area0 sqft
Lot Size Square Feet11,325 sqft
Lot Size UnitsSquare Feet
MLS Area33 - University Place
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income43851
New ConstructionNo
Number Of Units Total3
PossessionClosing, Subject To Tenant Rights
Property ConditionGood
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGreat investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenantsfrom cozy studios to a spacious 4-bedroom home. The interiors have been re
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameUniversity Place
Tax Annual Amount$7,176
Tax Year2026
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water Sewer Garbage3467
Year Built1945

Exterior

Building Area Total2,330 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesOpen Space
Lot Size Acres0.26
Parking FeaturesRV Parking
Parking Uncovered Total10
Site FeaturesFenced-Partially, High Speed Internet, RV Parking
Total Parking10
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$750,000

4 Beds 3 Baths 2,330 SQFT 0.26 Acres
Type: Multi-Family

3119 Bridgeport Way W
University Place, WA 98466

MLS#: 2502777