741 F Street NE, Auburn, WA 98002

$950,000
3,960
SqFt

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Listing courtesy of Heaton Dainard, LLC. Selling Office: RE/MAX Integrity.

Sold Price
$950,000
List Price
$999,990
Status
SOLD
MLS#
2277137
Closing Date
Dec 03, 2024
Days on Market
74
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,960
Area Total SqFt
3960
Annual Tax Ammount
8250
Lot Size (sq ft)
8,640
Sewer
Sewer Connected

Property Description

Downtown Auburn Triplex in great condition- Each unit is a spacious townhouse style unit with 1320 sq ft, 2 Bedrooms, 1.5 Baths and a single car private garage. Each unit has a private fenced back yard with a patio. The main floor has the living, dining, kitchen and a half bathroom. The second floor has two spacious bedrooms and a large full bathroom. 6% Cap rate!

Additional Information

List Date
2024-09-20 00:00:00
Community
Downtown - Auburn
Net Operating Income
$60,570
Gross Adjusted Income
$71,820
Gross Scheduled Income
$71,820
Total Monthly Income
$5,985
Insurance Expenses
$3,000
Gross Rent Multiplier
13.91
Total Expenses
$11,250
Cap Rate
6.06
Total Number of Units
3
Unit Name
741
Potential Terms
Cash Out, Conventional
Year Built
1989
Roof
Composition
Site Features
Cable TV, Fenced-Fully, 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
$5,985
Gross Scheduled Income
$71,820
Gross Adjusted Income
$71,820
Tax Year
2024
Insurance Expense
$3,000
Total Expenses
$11,250
Net Operating Income
$60,570
Gross Rent Multiplier
13.91
Cap Rate
6.06
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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