716 4th St SE #A&B
Auburn, WA 98002

Sold

Sold for $374,950 on Jun 24, 2019

Description

Great investment opportunity to own this beautifully remodeled duplex! Live in one rent out the other to pay the mortgage. Located close to downtown Auburn and easy access to freeways. Large patio with plenty of parking spaces in front of the house & along the streets. New roof, windows, doors, exterior & interior paint, mill work throughout, granite countertops, electric box & wiring, stainless steel appliances including washer & dryer, and large outbuilding for storage.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Sold
• Listing Price: $374,950
• County/Area: King County
• Zip Code: 98002
• Year Built: 1913
• School District: Auburn
• Sq.Ft.: 1,250 sq ft
• Stories: Duplex
• Units: 2 units
• # of Parking Spaces: 6
• Lot Size: 4221 sq ft lot
• Area: Auburn
• Area Number: 310
• Bathrooms Unit 1: 1.00
• Bathrooms Unit 2: 1.00
• Bedrooms Unit 1: 2
• Bedrooms Unit 2: 1
• Building Condition: Remodeled
• Cap Rate - NOI div LP: 8.00
• Energy Source(heat): Electric, Natural Gas
• Exterior: Cement/Concrete
• Floor Covering: Laminate Hardwood, Vinyl
• Foundation: Poured Concrete
• General Zoning Class: Multi-Family
• Gross Adjusted Income: $34200
• Gross Rent Multiplier: $10
• Gross Scheduled Income: $34200
• Heating/Cooling: Baseboard, Forced Air
• Insurance Expenses: $768
• Net Operating Income: $30401
• Number of Stories in Building: 1
• Number of Uncovered Spaces: 6
• Power Company: Pse
• Rent Unit 1: $1650
• Rent Unit 2: $1200
• Roof: Composition
• Selling Agent: Leslie Lucas
• Selling Office: Coldwell Banker Bain
• Sewer Company: City Of Auburn
• Site Features: Fenced-Partially, Gas Available, Outbuildings, Patio
• Square Feet Unit 1: 750
• Square Feet Unit 2: 500
• Total Expenses: $3799, $3799
• Total Monthly Income: $2850
• Water Company: City Of Auburn
• Water Source: Public
• Sold Date: 2019-06-24 00:00:00
• Sold Price: 374950.00