2220 O Street NE, Auburn, WA 98002
- $1,150,000
- 4,000
- SqFt
Listing courtesy of Keller Williams Realty PS.
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2269446
- Price Change
- ▼ $25,000 1726606906
- Days on Market
- 60
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,000
- Area Total SqFt
- 4000
- Annual Tax Ammount
- 10017
- Lot Size (sq ft)
- 11,907
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in Auburn! This impressive 4-Plex overlooks the tranquil Green River, bringing a bit extra privacy for each tenant. Perfectly situated near Brennan Park, shopping, dining, and schools. The property features remodeled three-bedroom units, each with a private garage. Upper units boast private decks, while lower units include fenced yards. With thermal windows and income-generating long-term tenants, this property is a true must-see!
Additional Information
- List Date
- 2024-08-18 15:58:09
- Community
- Auburn
- Net Operating Income
- $80,344
- Gross Adjusted Income
- $80,344
- Gross Scheduled Income
- $107,220
- Total Monthly Income
- $8,935
- Insurance Expenses
- $2,579
- Water/Sewer/Garbage Expenses
- $6,995
- Gross Rent Multiplier
- 13
- Total Expenses
- $26,876
- Cap Rate
- 6
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 2220
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1974
- Waterfront
- Yes
- View
- River, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Patio
- Other Expenses
- 7285
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Dick Scobee Elem
- Middle School
- Cascade Mid
- High School
- Mountainview High
- Total Monthly Income
- $8,935
- Gross Scheduled Income
- $107,220
- Vacancy Rate
- 3
- Gross Adjusted Income
- $80,344
- Tax Year
- 2023
- Insurance Expense
- $2,579
- W/S/G Expenses
- $6,995
- Total Expenses
- $26,876
- Net Operating Income
- $80,344
- Gross Rent Multiplier
- 13
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.