716 4th St SE Unit A&B, Auburn, WA 98002

$374,950
1,250
SqFt

Listing courtesy of Engel & Voelkers Seattle.

List Price
$374,950
Status
PENDING INSPECTION
MLS#
1408455
Price Change
▲ $25,000 1553221398
Days on Market
66
Style
52 - Duplex
Building Condition
['Remodeled']
Finished SqFt
1,250
Lot Size (sq ft)
4,220

Property Description

Great investment opportunity to own this beautifully remodeled duplex! Live in one rent out the other to pay the mortgage. Located close to downtown Auburn and easy access to freeways. Large patio with plenty of parking spaces in front of the house & along the streets. New roof, windows, doors, exterior & interior paint, mill work throughout, granite countertops, electric box & wiring, stainless steel appliances including washer & dryer, and large outbuilding for storage.

Additional Information

List Date
2019-02-04 00:00:00
Community
Auburn
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1913
Total Parking
6
Uncovered Parking
6
Exterior
Cement/Concrete
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Outbuildings, Patio
School District
Auburn
Total Monthly Income
$2,850
Gross Scheduled Income
$34,200
Gross Adjusted Income
$34,200
Annual Taxes
$3,031
Tax Year
2019
Insurance Expense
$768
Total Expenses
$3,799
Net Operating Income
$30,401
Gross Rent Multiplier
10
Cap Rate
8

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
750
Unit 1 Rent
$1,650
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
500
Unit 2 Rent
$1,200

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