216 J St SE, Auburn, WA 98002

$370,000
1,440
SqFt

Listing courtesy of Integris Real Estate.

List Price
$370,000
Status
PENDING INSPECTION
MLS#
1604004
Days on Market
10
Style
52 - Duplex
Finished SqFt
1,440
Lot Size (sq ft)
6,702

Property Description

LOCATION! Great duplex investment in the heart of downtown Auburn! Quick access to almost everything makes this an excellent rental property. Each unit offers two bedrooms and one bath. Well maintained with lots of parking and storage. Value-add opportunities! ALL utilities billed back to tenants.

Additional Information

List Date
2020-05-19 00:00:00
Community
Downtown - Auburn
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1966
Total Parking
4
Uncovered Parking
4
View
Territorial
Exterior
Wood
Roof
Composition
Lot Details
Alley, Curbs, Paved Street, Sidewalk
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
Gross Scheduled Income
$33,864
Vacancy Rate
5
Gross Adjusted Income
$32,512
Annual Taxes
$4,082
Tax Year
2017
Insurance Expense
$560
Total Expenses
$9,938
Net Operating Income
$22,573
Gross Rent Multiplier
11
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
720
Unit 1 Rent
$1,275
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
720
Unit 2 Rent
$1,262
Unit 3 Rent
$285
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