2260 I St NE, Auburn, WA 98002

$750,000
3,000
SqFt

Listing courtesy of RE/MAX Eastside Brokers, Inc..

List Price
$750,000
Status
PENDING INSPECTION
MLS#
1730767
Days on Market
3
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
3,000
Lot Size (sq ft)
8,801

Property Description

INVESTOR ALERT! Great 4-plex opportunity in Auburn. Well-maintained and consistently rented, each unit has living room/kitchen/dining area along with individual water heaters and attached decks. Three units are 2/1 and fourth unit is 1/1. Plenty of assigned parking. Dead-end location for extra privacy and security. Coin-operated laundry for additional income.

Additional Information

List Date
2021-02-21 00:00:00
Community
Auburn
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1978
Total Parking
8
Uncovered Parking
8
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially
Lot Details
Dead End Street, Paved Street
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,515
Gross Scheduled Income
$54,180
Vacancy Rate
2
Gross Adjusted Income
$54,180
Annual Taxes
$5,766
Tax Year
2020
Insurance Expense
$1,200
W/S/G Expenses
$4,320
Total Expenses
$14,166
Net Operating Income
$40,014
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
600
Unit 1 Rent
$995
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
750
Unit 2 Rent
$1,095
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
750
Unit 3 Rent
$1,200
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
750
Unit 4 Rent
$1,200
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