905 30th Street NE, Auburn, WA 98002

$575,000
4,830
SqFt

Listing courtesy of Redfin Corp.. Selling Office: Coldwell Banker Bain.

Sold Price
$575,000
List Price
$575,000
Status
SOLD
MLS#
1190914
Closing Date
Jan 08, 2018
Days on Market
15
Style
54 - 4-Plex
Finished SqFt
4,830
Area Total SqFt
4830
Annual Tax Ammount
6950
Lot Size (sq ft)
12,134
Sewer
Sewer Connected

Property Description

This is a super opportunity for a turnkey - four plex purchase. Some newer items in each of the units, including, but not limited to, laminate wood floor coverings, newer carpet in one unit, some appliances, & many other updates over the past few years. Roof less than 10 years old. Many long term tenants 8+ years. Rents undervalued. All with 2 bedrooms & nice sized 1 car garages. Excellent area for investment property.Near Green River Community College, shopping and EZ access to commute and bus.

Additional Information

List Date
2017-12-24 00:00:00
Community
Auburn
Net Operating Income
$27,090
Gross Adjusted Income
$39,840
Gross Scheduled Income
$39,840
Total Monthly Income
$3,320
Insurance Expenses
$1,600
Water/Sewer/Garbage Expenses
$4,200
Gross Rent Multiplier
8
Total Expenses
$12,750
Cap Rate
4.7
Total Number of Units
4
Unit Name
905
Potential Terms
Cash Out, Conventional, FHA
Year Built
1984
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,320
Gross Scheduled Income
$39,840
Gross Adjusted Income
$39,840
Tax Year
2016
Insurance Expense
$1,600
W/S/G Expenses
$4,200
Total Expenses
$12,750
Net Operating Income
$27,090
Gross Rent Multiplier
8
Cap Rate
4.7
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