Bought with Realogics Sotheby's Int'l Rlty
$1,380,000
$1,395,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
1615 1617 4th ST SE Auburn, WA 98002
7,960 SqFt
Key Details
Sold Price $1,380,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,960 sqft
Price per Sqft $173
Subdivision Auburn
MLS Listing ID 1402086
Sold Date 05/14/19
Style 56 - 10+ Units
Year Built 1961
Annual Tax Amount $18,272
Lot Size 0.834 Acres
Property Sub-Type Multi-Family
Property Description
The Auburn 10 is a ten unit apartment community located between downtown Auburn and the Green River. It is composed of five adjacent duplexes over three tax parcels and offers a new investor the opportunity to significantly raise rents immediately to capture substantial rental upside. This is a great opportunity for a local or entry level investor to purchase as asset that can be immediately re-positioned to capture a significant increase in both equity and cash flow.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Hardwood, Laminate Tile
Flooring Hardwood, Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature See Remarks
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Dead End Street
Sewer Sewer Connected
New Construction No
Schools
School District Auburn
Others
Acceptable Financing Cash Out
Listing Terms Cash Out
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.