201 S Division St, Auburn, WA 98001

$2,120,000
12,168
SqFt

Listing courtesy of Pilot Ventures LLC.

List Price
$2,120,000
Status
ACTIVE
MLS#
1765977
Days on Market
19
Style
56 - 10+ Units
Building Condition
['Average']
Finished SqFt
12,168
Lot Size (sq ft)
14,400

Property Description

The Patricia Building is a 12 unit, two story, mixed use building that was built in 1964. It contains 6 large Two Bed / One Bath units on the upper floor and 6 office/retail units on ground level.

Additional Information

List Date
2021-04-29 00:00:00
Community
Downtown - Auburn
Property Type
MULT
Units
12
Stories
2
Potential Terms
Conventional
Year Built
1964
Total Parking
21
Uncovered Parking
21
Exterior
Wood
Roof
Flat
School District
Auburn
Total Monthly Income
$9,006
Gross Scheduled Income
$157,620
Vacancy Rate
5
Gross Adjusted Income
$149,739
Annual Taxes
$15,401
Tax Year
2020
Insurance Expense
$5,000
W/S/G Expenses
$8,109
Total Expenses
$41,659
Net Operating Income
$108,080
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1000
Unit 1 Rent
$895
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1000
Unit 2 Rent
$1,150
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
1000
Unit 3 Rent
$1,195
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
1000
Unit 4 Rent
$895
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
1000
Unit 5 Rent
$895
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
1000
Unit 6 Rent
$895
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