3002 B Street SE, Auburn, WA 98002

$575,000
3,926
SqFt

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Listing courtesy of FirstPoint Real Estate LLC. Selling Office: Skyline Properties, Inc..

Sold Price
$575,000
List Price
$608,000
Status
SOLD
MLS#
2165663
Closing Date
Feb 27, 2024
Days on Market
234
Style
53 - Tri-plex
Building Condition
Fair
Finished SqFt
3,926
Area Total SqFt
3926
Annual Tax Ammount
6528
Lot Size (sq ft)
11,348
Sewer
Septic Tank

Property Description

A bit of a diamond in the rough. This original valley farm house, was once a group home and now a triplex on huge lot. Let your imagination loose on the possibilities here. Each unit is unique. Lot to the south has been sold.

Additional Information

List Date
2023-07-08 00:00:00
Community
Auburn
Net Operating Income
$32,889
Gross Adjusted Income
$42,504
Gross Scheduled Income
$46,200
Total Monthly Income
$3,850
Insurance Expenses
$3,000
Water/Sewer/Garbage Expenses
$1,540
Gross Rent Multiplier
14.3
Total Expenses
$13,311
Cap Rate
4.5
Vacancy Rate
8
Total Number of Units
3
Unit Name
3002
Potential Terms
Cash Out, Conventional
Year Built
1943
Roof
Composition
Site Features
Deck, Fenced-Fully, Patio
Electric Expenses
629
Other Expenses
1614
Energy Source
Electric
School District
Auburn
Elementary School
Pioneer Elem
Middle School
Olympic Mid
High School
Auburn Snr High
Total Monthly Income
$3,850
Gross Scheduled Income
$46,200
Vacancy Rate
8
Gross Adjusted Income
$42,504
Tax Year
2023
Insurance Expense
$3,000
W/S/G Expenses
$1,540
Total Expenses
$13,311
Net Operating Income
$32,889
Gross Rent Multiplier
14.3
Cap Rate
4.5
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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