Bought with John L. Scott, Inc.
$539,000
$585,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,650 SqFt
SOLD DATE : 03/17/2025
Key Details
Sold Price $539,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $326
Subdivision Downtown - Auburn
MLS Listing ID 2318437
Sold Date 03/17/25
Style 52 - Duplex
Bedrooms 4
Year Built 1958
Annual Tax Amount $5,360
Lot Size 5,705 Sqft
Property Sub-Type Multi Family
Property Description
Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick
Amenities Available Fenced-Partially, Gas Available
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Corner Lot, 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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