Bought with Ballpark Realty
$1,040,000
$1,049,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,124 SqFt
SOLD DATE : 03/26/2025
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,124 sqft
Price per Sqft $332
Subdivision Auburn
MLS Listing ID 2330913
Sold Date 03/26/25
Style 54 - 4-Plex
Bedrooms 8
Year Built 1978
Annual Tax Amount $9,095
Lot Size 8,800 Sqft
Lot Dimensions 60 x 146
Property Sub-Type Multi-Family
Property Description
Well-maintained 4-Plex in Auburn. 7.48 Market Cap Rate. Unit 4 is currently occupied with great tenants, all other units have been remodeled and left vacant for viewing. This is a solid, turn-key investment property! Unit 4 remodeled in 2021, all other units remodeled in 2024. New appliances in all; shared coin-op onsite laundry for extra income; newer vinyl windows and exterior paint. All units are 2bed/1bath; 8 parking spaces. High-demand rental conveniently located near shopping, restaurants, and public transit.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Laminate Hardwood
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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