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702 L St SE Auburn, WA 98002
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Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $236
Subdivision South Auburn
MLS Listing ID 2267900
Sold Date 09/10/24
Style 54 - 4-Plex
Year Built 1942
Annual Tax Amount $8,075
Lot Size 0.483 Acres
Property Description
Income generating opportunity! With a cap rate of 5.9% you'll enjoy great cash flow generated by these 4 units, consisting of 2 duplexes. Each unit is 3 BD, 1 BA with kitchen, and laundry. Terrific Auburn location with lots of parking and fully fenced. Being sold AS-IS. Don't miss this opportunity to secure a solid, income-generating asset! Seller has a 2.5% FHA assumable loan.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Terminal Park Elem
Middle Schools Olympic Mid
High Schools Auburn Snr High
School District Auburn
Others
Senior Community No
Acceptable Financing Assumable, Cash Out, Conventional
Listing Terms Assumable, Cash Out, Conventional
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