1914 C Street SE Unit #A&B, Auburn, WA 98002
- $755,000
- 2,880
- SqFt
Listing courtesy of Multifamily Properties. Selling Office: John L. Scott, Inc.
- Sold Price
- $755,000
- List Price
- $775,000
- Status
- SOLD
- MLS#
- 2187722
- Closing Date
- Feb 01, 2024
- Days on Market
- 7
- Style
- 52 - Duplex
- Finished SqFt
- 2,880
- Area Total SqFt
- 2880
- Annual Tax Ammount
- 7258
- Lot Size (sq ft)
- 9,867
- Sewer
- Sewer Connected
Property Description
Don't buy a condo, townhome or single family home--buy a duplex! This is a solid opportunity for investors or house-hackers to add to your portfolio or acquire your 1st investment prop. The duplex has rare larger 3-bd/2.5-ba units at 1440sq ft. Nice townhome-style floorplans. Market rent is approx $2450, buyer to verify. Unit A was completely updated in 2023 & left vacant for an owner-occ buyer. Unit B tenants are M2M (been there 10+ yrs) & are well under market rent. The property operates on very lean expenses for the owner. Both sides have sep meters for all utilities & each unit pays their utilities. Spacious, fenced backyards. Shed incl for Unit A. Convenient access to HWYs 18/167. Only 5min to Sound Train Station = 28min ride to SEA.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-01-25 00:00:00
- Community
- Auburn
- Net Operating Income
- $10,218
- Gross Adjusted Income
- $19,200
- Gross Scheduled Income
- $19,200
- Total Monthly Income
- $1,600
- Insurance Expenses
- $1,724
- Gross Rent Multiplier
- 40.36
- Total Expenses
- $8,982
- Cap Rate
- 1.32
- Total Number of Units
- 2
- Unit Name
- 1914
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 2000
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,600
- Gross Scheduled Income
- $19,200
- Gross Adjusted Income
- $19,200
- Tax Year
- 2023
- Insurance Expense
- $1,724
- Total Expenses
- $8,982
- Net Operating Income
- $10,218
- Gross Rent Multiplier
- 40.36
- Cap Rate
- 1.32
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.