129 16th St SE, Auburn, WA 98002

$425,000
2,300
SqFt

Listing courtesy of Integris Real Estate.

List Price
$425,000
Status
PENDING INSPECTION
MLS#
1604095
Days on Market
10
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
2,300
Lot Size (sq ft)
7,609

Property Description

Turn-key duplex in a great location near 167. Well-maintained duplex on a corner lot with fully fenced backyards and off-street parking. Each unit offers main level kitchen, living room with cozy fireplace & dining room plus utility rooms and a half bath. Upstairs features two bedrooms plus full bath and a deck off the master bedrooms. ALL utilities are billed back to tenants.

Additional Information

List Date
2020-05-19 00:00:00
Community
Auburn
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1976
Total Parking
4
Uncovered Parking
4
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Deck, Fenced-Partially
Lot Details
Corner Lot, Curbs, Paved Street
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$35,208
Vacancy Rate
5
Gross Adjusted Income
$33,447
Annual Taxes
$4,680
Tax Year
2017
Insurance Expense
$740
Total Expenses
$10,834
Net Operating Income
$22,612
Gross Rent Multiplier
11
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1150
Unit 1 Rent
$1,467
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Rent
$1,467
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