This meticulously maintained 4-plex offers an exceptional opportunity for investors seeking a turnkey property with good cash flow and future upside potential. Each of the four units has been recently updated and includes a personal garage and in-unit washer/dryer for added convenience.The property is in pristine condition, with a new roof, gutters and new metal fence, all units are fully occupied with reliable tenants who consistently pay on time. Notably, rents are 25-30% below market value, providing significant room for rental increases. With a very low vacancy rate and located in a prime area near major freeways and numerous amenities, this property promises both stability and long-term growth potential. A truly exceptional investment
MLS# | 2319667 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending Inspection |
Year | 1984 |
Days On Site | 16 |
Listing Provided By | eXp Realty | Mihail Gutu |
SQ Feet | 3,806 |
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Story(s) | 2 |
Units | 4 |
Acreage | 0.27 |
State | WA |
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County | King |
City | Auburn |
Zip Code | 98002 |
Area | 310 Auburn |
Community Name | Auburn |
School District | Auburn |
Listing VS Median (in Auburn) | |
Price: $1,050,000 low | high Med: $425,000 SqFt: 3,806 low | high Med: 1,240 $ / SqFt: $276 low | high Med: $343 On Site: 16 low | high Med: 56.000000 |