Bought with Skyline Properties, Inc.
$364,000
$399,950
9.0%For more information regarding the value of a property, please contact us for a free consultation.
1,870 SqFt
SOLD DATE : 01/20/2022
Key Details
Sold Price $364,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,870 sqft
Price per Sqft $194
Subdivision Downtown - Auburn
MLS Listing ID 1802307
Sold Date 01/20/22
Style 52 - Duplex
Year Built 1912
Annual Tax Amount $3,797
Lot Size 5,175 Sqft
Property Description
Investment property with long term dependable tenants. Rents have never been raised, lots of room for an increase. Decent cap rate with increased rents. Tenants pay the electric. Land Use 3-Duplex. Zoned Commercial DUC (Downtown Urban Center) Can go up 6 stories. Great investment now and for the future. 2 story with full basement, alley access, RV parking, room for 6 cars, fenced yard. Shared washer and dryer in the basement. Also storage. The 2 bedroom unit is on the first floor with the 2nd bedroom in the basement. 1 Bedroom on the second floor. Seller is licensed Real Estate Agent.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Forced Air, Laminate
Flooring Laminate
Fireplace false
Exterior
Exterior Feature See Remarks
Utilities Available Cable Connected, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Cable TV, Deck, Fenced-Fully, RV Parking
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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