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Listing 13 out of 223
$1,050,000 Pending

118 D St SW
Auburn, WA 98001

7 units | Multi Family Home
15873 sq ft lot - MLS# 1471372 Courtesy of Keller Williams Seattle Metro
Property Photo
1/24

Description

7-Unit assemblage consisting of (2)triplexes on one parcel & (1)single family home on adjacent parcel. New owner can expect 17% ROI in 1st year of ownership; 8% Cap Rate based on actual financials. Triplexes have (6)1bed/1bath units; House is 3bed/1bath 1100SqFt w/ detached 2car garage. Shared coin-op laundry generates extra income; tenants pay all utilities. Total lot area=15,876 making this a great candidate for future development. High demand rental; close to downtown Auburn & Sounder station

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: King County
  • Zip Code: 98001
  • Year Built: 1911
  • Subdivision/Neighborhood: Milner Add
  • School District: Auburn
  • Elementary School: Wash Elem
  • Middle School: Cascade Mid
  • High School: Auburn Snr High
  • Sq.Ft.: 3,994 sq ft
  • Units: 7 units
  • Garage: 2-Car
  • # of Parking Spaces: 2, 8
  • Lot Size: 15873 sq ft lot
  • Area: Auburn
  • Amenities: Coin Op Laundry, Storage, Thermal Windows
  • Area Number: 310
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Building Condition: Average
  • Cap Rate - NOI div LP: 8.20
  • Energy Source(heat): Natural Gas
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Post & Block
  • General Zoning Class: Multi-Family, Residential
  • Gross Adjusted Income: $101940
  • Gross Rent Multiplier: $10
  • Gross Scheduled Income: $101940
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $1650
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Net Operating Income: $87339
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 6
  • Other Expenses: $720
  • Rent Unit 1: $1045
  • Rent Unit 2: $1045
  • Rent Unit 3: $1095
  • Rent Unit 4: $1045
  • Rent Unit 5: $1095
  • Rent Unit 6: $1045
  • Roof: Composition
  • Site Features: Cable TV, Deck, Fenced-Fully, RV Parking
  • Square Feet Unit 1: 475
  • Square Feet Unit 2: 475
  • Square Feet Unit 3: 475
  • Square Feet Unit 4: 475
  • Square Feet Unit 5: 475
  • Square Feet Unit 6: 475
  • Street Number Modifier: -202
  • Total Expenses: $11596, $11596
  • Total Garage Capacity: 2
  • Total Monthly Income: $8495
  • Water Source: Public
Courtesy of Keller Williams Seattle Metro
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Windermere Real Estate Lake Tapps Inc. and Windermere Real Estate PSK are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-17

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