905 18th St NE, Auburn, WA 98002

$953,000
3,200
SqFt

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Listing courtesy of John L. Scott, Inc.. Selling Office: WeLakeside.

Sold Price
$953,000
List Price
$985,000
Status
SOLD
MLS#
2346028
Closing Date
May 12, 2025
Days on Market
8
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,200
Area Total SqFt
3200
Annual Tax Ammount
9614
Lot Size (sq ft)
8,946
Sewer
Sewer Connected

Property Description

Well maintained 4-Plex in convenient NE Auburn location. 2 bedroom and 1 bath units. Each unit has a fireplace and all kitchen appliances are included. 5 year roof and exterior paint. Some updates over time. Unit C had new flooring in 2023. All new flooring and paint in Unit A. New paint in Unit D. Central utility room with coin operated washer/dryer. Grounds serviced by landscape company. Ample parking and nearby bus access with north/south connections.

Additional Information

List Date
2025-05-04 00:00:00
Community
Auburn
Net Operating Income
$33,350
Gross Adjusted Income
$54,619
Gross Scheduled Income
$75,000
Total Monthly Income
$6,350
Insurance Expenses
$1,076
Water/Sewer/Garbage Expenses
$6,678
Gross Rent Multiplier
12
Total Expenses
$21,269
Cap Rate
6
Total Number of Units
4
Unit Name
905
Potential Terms
Cash Out, Conventional, FHA
Year Built
1983
Roof
Composition
Site Features
Cable TV, Deck, Patio
Electric Expenses
276
Other Expenses
3625
Energy Source
Electric
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,350
Gross Scheduled Income
$75,000
Gross Adjusted Income
$54,619
Tax Year
2024
Insurance Expense
$1,076
W/S/G Expenses
$6,678
Total Expenses
$21,269
Net Operating Income
$33,350
Gross Rent Multiplier
12
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.
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