Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.
MLS# | 2318437 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 17 |
Listing Provided By | HomeSmart Real Estate Assoc | Angela Wassmann |
SQ Feet | 1,650 |
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Car Port | Yes |
Story(s) | 1 |
Units | 2 |
Acreage | 0.13 |
State | WA |
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County | King |
City | Auburn |
Zip Code | 98002 |
Area | 310 Auburn |
Community Name | Downtown Auburn |
School District | Buyer To Verify |
Elementary School | Buyer To Verify |
Middle School | Buyer To Verify |
High School | Buyer To Verify |
Listing VS Median (in Downtown Auburn) | |
Price: $585,000 low | high Med: $522,500 SqFt: 1,650 low | high Med: 1,090 $ / SqFt: $355 low | high Med: $530 On Site: 17 low | high Med: 19.500000 |