1918 C Street SE Unit #A-B, Auburn, WA 98002
- $531,000
- 2,260
- SqFt
Listing courtesy of Coldwell Banker Bain. Selling Office: Skyline Properties, Inc..
- Sold Price
- $531,000
- List Price
- $625,000
- Status
- SOLD
- MLS#
- 2298328
- Closing Date
- Oct 30, 2024
- Days on Market
- 2
- Style
- 52 - Duplex
- Building Condition
- Fair
- Finished SqFt
- 2,260
- Area Total SqFt
- 2260
- Annual Tax Ammount
- 6584
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 9,930
- Sewer
- Sewer Connected
Property Description
Discover a prime opportunity to own a duplex with significant upside potential. Each Unit features 2-bedrooms, 1.5-bathrooms offering a versatile living arrangement for both owner-occupants and investors.Unit 1: Is in good condition and ready for updates to enhance its appeal.Unit 2: Requires a complete rehab to restore its value and functionality.Roof Replacement: The roof will need to be replaced to ensure long-lasting durability.Back Deck Renovation: The back deck requires repairs or replacement to provide a comfortable outdoor space.
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Additional Information
- List Date
- 2024-10-28 00:00:00
- Community
- South Auburn
- Net Operating Income
- $7,500
- Gross Adjusted Income
- $26,222
- Gross Scheduled Income
- $15,000
- Total Monthly Income
- $1,425
- Insurance Expenses
- $1,000
- Water/Sewer/Garbage Expenses
- $4,680
- Gross Rent Multiplier
- 3.3
- Total Expenses
- $12,264
- Cap Rate
- 2.3
- Vacancy Rate
- 10
- Total Number of Units
- 2
- Unit Name
- 1918
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 1980
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Gas Available
- Energy Source
- Electric, Natural Gas
- School District
- Auburn
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,425
- Gross Scheduled Income
- $15,000
- Vacancy Rate
- 10
- Gross Adjusted Income
- $26,222
- Tax Year
- 2024
- Insurance Expense
- $1,000
- W/S/G Expenses
- $4,680
- Total Expenses
- $12,264
- Net Operating Income
- $7,500
- Gross Rent Multiplier
- 3.3
- Cap Rate
- 2.3
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.