2414 N Street NE, Auburn, WA 98002
- $1,200,000
- 4,000
- SqFt
Listing courtesy of Keller Williams Realty PS. Selling Office: COMPASS.
- Sold Price
- $1,200,000
- List Price
- $1,200,000
- Status
- SOLD
- MLS#
- 2269451
- Closing Date
- Sep 20, 2024
- Days on Market
- 14
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 4,000
- Area Total SqFt
- 4000
- Annual Tax Ammount
- 10246
- Lot Size (sq ft)
- 13,367
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in Auburn! This superb 4-Plex offers picturesque views of the peaceful Green River, surrounded by nature. Ideally located near Brennan Park, shopping, dining, and schools. Each unit features thermal windows, ensuring energy efficiency and comfort. With income-generating long-term tenants already in place, this property promises immediate returns. Each unit comes with a private garage, while top-floor units feature private decks and lower units have fenced yards. This property is a true must-see!
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Additional Information
- List Date
- 2024-09-06 00:00:00
- Community
- Auburn
- Net Operating Income
- $81,495
- Gross Adjusted Income
- $81,495
- Gross Scheduled Income
- $108,540
- Total Monthly Income
- $9,045
- Insurance Expenses
- $2,625
- Water/Sewer/Garbage Expenses
- $7,224
- Gross Rent Multiplier
- 13
- Total Expenses
- $27,045
- Cap Rate
- 6
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 2414
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1974
- Waterfront
- Yes
- View
- River, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Patio
- Other Expenses
- 6950
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Dick Scobee Elem
- Middle School
- Cascade Mid
- High School
- Mountainview High
- Total Monthly Income
- $9,045
- Gross Scheduled Income
- $108,540
- Vacancy Rate
- 3
- Gross Adjusted Income
- $81,495
- Tax Year
- 2023
- Insurance Expense
- $2,625
- W/S/G Expenses
- $7,224
- Total Expenses
- $27,045
- Net Operating Income
- $81,495
- Gross Rent Multiplier
- 13
- Cap Rate
- 6
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.