202 J Street SE, Auburn, WA 98002

$545,000
1,710
SqFt

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Listing courtesy of eXp Realty. Selling Office: Keller Williams Realty Bothell.

Sold Price
$545,000
List Price
$575,000
Status
SOLD
MLS#
2070381
Closing Date
Jul 27, 2023
Days on Market
49
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
2023-06-08 00:00:00
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
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Calculator source: Real Geeks