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Listed by:John L. Scott, Inc • Alice Nguyen
$399,999
Est. payment /mo
3 Beds
2 Baths
1,870 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,870 sqft
Price per Sqft $213
Subdivision Downtown - Auburn
MLS Listing ID 2476877
Style 52 - Duplex
Bedrooms 3
Year Built 1912
Annual Tax Amount $4,955
Lot Size 5,175 Sqft
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity with long-term, dependable tenants in place, currently on month-to-month leases. Tenants pay their own electricity, offering steady cash flow with flexibility for future plans. The property carries Land Use 3 – Duplex and is zoned Commercial DUC (Downtown Urban Center), allowing redevelopment potential of up to six stories (buyer to verify), making this an ideal buy-and-hold or future development asset. This fully remodeled two-story duplex with a full basement features a new roof, updated kitchens and bathrooms, new flooring, and fresh interior paint. The main unit offers 2 bedrooms (with one bedroom in the basement), while the upper unit features 1 bedroom. A shared washer and dryer, along with additional storage, are located in the basement. Exterior highlights include alley access, RV parking, space for up to six vehicles, and a fully fenced yard. Located in a prime Downtown Auburn location, just minutes from shops, downtown amenities, and bus stations.A rare opportunity in a Downtown Urban Center zoning with solid income today and exceptional upside for tomorrow.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature See Remarks
Amenities Available Cable TV, Deck, Fenced-Fully, RV Parking
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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