1837 C Place SE Unit #A&B, Auburn, WA 98002

$562,000
2,020
SqFt

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Listing courtesy of Sagareus Real Estate. Selling Office: eXp Realty.

Sold Price
$562,000
List Price
$579,900
Status
SOLD
MLS#
2243519
Closing Date
Oct 03, 2024
Days on Market
87
Style
52 - Duplex
Finished SqFt
2,020
Area Total SqFt
2020
Annual Tax Ammount
6403.69
Lot Size (sq ft)
7,276
Sewer
Sewer Connected
Bank Owned
Yes

Property Description

Auburn duplex with tons of potential. One updated unit with a new kitchen, flooring, carpet, and water heater, and the other legacy unit with long-term tenants. Great commuter location close to 167 and Hwy 18 and major employers. Both units feature large bedrooms, (2) full bathrooms, a utility room, a large deck, a grass yard, and a 1 car garage—desirable layout with one shared wall, no one above or below and only one floor.

Additional Information

List Date
2024-07-08 00:00:00
Community
Auburn
Net Operating Income
$30,555
Gross Adjusted Income
$40,740
Gross Scheduled Income
$42,000
Total Monthly Income
$2,792
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$221
Gross Rent Multiplier
14.88
Total Expenses
$10,185
Cap Rate
4.88
Vacancy Rate
3
Total Number of Units
2
Unit Name
1837
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1983
Roof
Composition
Electric Expenses
90
Other Expenses
1469
Energy Source
Electric
School District
Auburn
Total Monthly Income
$2,792
Gross Scheduled Income
$42,000
Vacancy Rate
3
Gross Adjusted Income
$40,740
Tax Year
2024
Insurance Expense
$2,000
W/S/G Expenses
$221
Total Expenses
$10,185
Net Operating Income
$30,555
Gross Rent Multiplier
14.88
Cap Rate
4.88
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.
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