1807 E Main St

    Auburn, WA 98002
    • $1,300,000
    • STATUS: Active
    • ON SITE: 70 days
    • ID#: 1257032
    UPDATED: 46 min ago
    $1,300,000
    • 0
      BEDS
    • 1.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,868
      SQFT
    • $189
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Rlty Bellevue.

    Description

    Incredible investment opportunity! 6 homes & one vacant lot being sold together. Homes have been condominiumized. Buyer to manage as a 6-plex or sell as individual units. Vacant lot could be additional building site, currently overflow parking for tenants. All units feature W/D hookups, carport or garage, composition roofs, roomy front/back yards. Tenant pays utilities. Three units with major renovation in last 6 years; remaining three nicely updated. Well maintained, rents are month-to-month.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Deol Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T11:15:59.793.

    www.thedeolgroup.com/homes/81559556

    1807 E Main St Auburn, WA 98002

    • Price: $1,300,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 1257032
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.05
    Acres
    6,868
    SQFT
    $189
    $/SQFT
    1962
    Built
    Neighborhood:
    Auburn
    County:
    King
    Area:
    Auburn
    Elementary School:
    Buyer To Verify
    Middle School:
    Cascade Mid
    High School:
    Auburn Snr High
    School District:
    Auburn
    Property Description
    Incredible investment opportunity! 6 homes & one vacant lot being sold together. Homes have been condominiumized. Buyer to manage as a 6-plex or sell as individual units. Vacant lot could be additional building site, currently overflow parking for tenants. All units feature W/D hookups, carport or garage, composition roofs, roomy front/back yards. Tenant pays utilities. Three units with major renovation in last 6 years; remaining three nicely updated. Well maintained, rents are month-to-month.
    Exterior Features

    Building Condition Good Carport Spaces 3 Exterior BrickWood Foundation Poured Concrete Garage Spaces 4 Lot Details Dead End StreetPaved Street Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 16 Uncovered Spaces 9

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 916 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 3 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 999 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 3 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1102 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 3 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1297 Unit4 Washer Dryer Y Unit5 Bathrooms 1.50 Unit5 Bedrooms 3 Unit5 Dishwasher Y Unit5 Fireplaces 1 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 1046 Unit5 Washer Dryer Y Unit6 Bathrooms 1.50 Unit6 Bedrooms 3 Unit6 Dishwasher Y Unit6 Fireplaces 1 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 1508 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Amenities See Remarks Bank Owned No Cap Rate 5.21 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 94284 Gross Rent Multiplier 13 Gross Scheduled Income 97200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4824 Leased Items None Net Operating Income 62551 New Construction YN No Other Expenses 14460 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company Septic Site Features Cable TVFenced-PartiallyGas Available Tax Amount 12449 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 31773 Total Expenses TEX 31773 Total Monthly Income 8095 Unit1 Monthly Rent 1350 Unit2 Monthly Rent 1495 Unit3 Monthly Rent 1250 Unit4 Monthly Rent 1350 Unit5 Monthly Rent 1250 Unit6 Monthly Rent 1400 Vacancy Rate 3 Water Company City Of Auburn Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Deol Group and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Deol Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T11:15:59.793.

     
    The Deol Group
    305 108th Ave NE, Suite 200
    Bellevue WA, 98004
    Listing Courtesy of Keller Williams Rlty Bellevue.