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Listed by:SASH Realty • Andrea Clibborn
$685,000
Est. payment /mo
5 Beds
4 Baths
2,332 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,332 sqft
Price per Sqft $293
Subdivision Auburn
MLS Listing ID 2517137
Style 54 - 4-Plex
Bedrooms 5
Year Built 1960
Annual Tax Amount $7,790
Lot Size 9,132 Sqft
Property Sub-Type Multi Family
Property Description
A wonderful four-plex investment opportunity awaits on this South Auburn dead end street. Owner operator has enjoyed managing this property for the past 26 years. This one-story complex has four total units with three apartments that are one bedroom apartments and one with two bedrooms. The two bedroom unit has recently been vacated and is available for viewing. The 2-bedroom unit has new carpet and interior paint and does have space for a range and refrigerator but buyer will need to supply those appliances. Two units have good sized fenced back yards and two units have smaller fenced areas on the side yard. The building is located close to downtown and property offers ample off-street parking. The complex provides a laundry room, with a coin-op washer and dryer included, as well as a mechanical room. Three long-term, month-to-month tenants have stated they would like to stay. Current tenants paying under market rent so great potential for increased upside. Financial numbers shown in the listing were provided by the owner from 2025 and reflect some vacancy in the 2 bedroom unit. Owner has elected to sell prior to renting out this unit. Building total square footage is 2332 and unit square footage has been estimated and not measured. Priced under tax assessed value! Buyer to verify all information to their own satisfaction.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Amenities Available Fenced-Partially, Gas Available
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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