$800,000 Price Analysis    ♡   Auburn, WA 98001 Unknown bed None bath 1,876 SqFt ($426/SqFt) 8,500SqFt lot. Built 1913 Listed 2024-04-04, Taxes $5,945 | Ⓧ USDA Ineligible due to price & location near Auburn |
Excitng prospects await at this premier downtown Auburn location!
With its strategic positioning for exceptional investment returns, this property showcases considerable cash flow potential. Enjoying close proximity to Auburn's downtown amenities, shopping outlets and entertainment venues, convenience is guaranteed.
Moreover, each unit benefits from access to a shared utility room equipped with a W/D, while individual uncovered parking spaces. R enovated interiors and a new roof installed in 1991 ensure a well-maintained and attractive property. Undeniably, the irresistible charm of this property stems from its unbeatable locationa cornerstone for lucrative investment opportunities.
Presented by Ken Crotts Today for a Free Consultation at
eXp Realty- Main Office.
Property MLS #2215273 from NWMLS
Wall to Wall Carpet
Flooring: Laminate Tile, Wall to Wall Carpet
Heating Fuel: Electric
Heating: Yes
Open Parking Spaces: 4
Open Parking: Yes
Parking Total: 6
Lot Size Acres: 0.1951331
Lot Size Square Feet: 8500
High School: Auburn Snr High
High School District: Auburn
Middle School: Cascade Mid
Map directions Map directions Map directions Map directionsLeasable Area: 1876
Leasable Area Units: Square Feet
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: #1
Unit-2 Description: #2
Unit-3 Description: #3
Unit-4 Description: #4
Unit-1 Square Feet: 677
Unit-2 Square Feet: 678
Unit-3 Square Feet: 504
Unit-4 Square Feet: 505
Unit 1 Total Actual Rent: 1400
Unit 2 Total Actual Rent: 1100
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 650
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 4.24
Directions: From Highway 18, take C Street SW exit. Turn left onto W Main Street.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family, Residential, Retail
Insurance Expense: 820
Area: 310 - Auburn
List Development Name: Downtown - Auburn
Source Neighborhood: Downtown - Auburn
Parcel Number: 3284300055
Street Suffix Modifier: Street
Subdivision: Downtown - Auburn
Zoning: MultiFamily, Residential,
Lot Number: 9, 10 & 11
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $423,500 + $93,500 $517,000 | $5,945 |
| 2022 | $348,000 + $85,000 $433,000 | $5,775 |
| 2021 | $314,000 + $85,000 $399,000 | $5,624 |
| 2020 | $209,000 + $85,000 $294,000 | $4,283 |
| 2019 | $191,000 + $85,000 $276,000 | $3,588 |
| 2018 | $156,000 + $85,000 $241,000 | $3,909 |
| 2017 | $139,000 + $85,000 $224,000 | $3,628 |
| 2016 | $135,000 + $85,000 $220,000 | $3,350 |
| 2015 | $106,000 + $85,000 $191,000 | $3,027 |
| 2014 | $97,000 + $85,000 $182,000 | $3,051 |
| 2013 | $111,000 + $85,000 $196,000 | $3,296 |
| 2012 | $62,000 + $85,000 $147,000 | $2,909 |
| 2011 | $112,000 + $85,000 $197,000 | $2,339 |
| 2009 | $154,000 + $85,000 $239,000 | $2,913 |
| 2007 | $123,000 + $85,000 $208,000 | $2,116 |
$800,000
NWMLS
Sold 2017-05-15
$349,950
Public Record
Sold 1994-12-09
$150,000
Public Record
Sold 1991-11-22
$150,000
Public Record
Sold 1980-12-02
$95,000
Public Record
Sold 1980-04-08
$72,500
Public Record
Operating Expense: 12061
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Living Area Units: Square Feet
Property Age: 111
Property Condition: Average
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1981
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.