202 J Street SE, Auburn, WA 98002

$585,000
1,710
SqFt

Listing courtesy of eXp Realty.

List Price
$585,000
Status
ACTIVE
MLS#
2070381
Days on Market
10
Style
52 - Duplex
Finished SqFt
1,710
Area Total SqFt
1710
Annual Tax Ammount
5218
Internet Provider
Xfinity
Lot Size (sq ft)
7,000
Sewer
Sewer Connected

Property Description

Welcome to this Duplex in a great location for commuters. Just off Hwy 18 and Hwy 167. Duplex features 2 separate residences that are 2 bedroom 1 bath each. New flooring in 1 unit. Each unit has a carport and fenced backyard. This Duplex is a few blocks away from bus lines, grocery stores, restaurants, retail shopping, and a ton of other services. Currently 1 side is vacant. Vacant side also has a fenced side yard. Whether you want to rent both sides or live in one side and rent the other, the location is fantastic for many.

Additional Information

List Date
2023-05-19 03:47:10
Community
Auburn
Net Operating Income
$29,182
Gross Adjusted Income
$43,200
Gross Scheduled Income
$48,000
Total Monthly Income
$2,000
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
12
Total Expenses
$14,018
Cap Rate
5
Vacancy Rate
10
Total Number of Units
2
Unit Name
202
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1959
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, Patio
Electric Expenses
2400
Energy Source
Electric, Natural Gas
School District
Auburn
Total Monthly Income
$2,000
Gross Scheduled Income
$48,000
Vacancy Rate
10
Gross Adjusted Income
$43,200
Tax Year
2023
Insurance Expense
$1,800
W/S/G Expenses
$3,600
Total Expenses
$14,018
Net Operating Income
$29,182
Gross Rent Multiplier
12
Cap Rate
5
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Calculator source: Real Geeks