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    2209 O Place NE

    Auburn, WA 98002
    • $956,000
    • STATUS: Pending
    • ON SITE: 47 days
    • ID#: 1793084
    Under Contract
    UPDATED: 27 min ago
    $956,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Keller Williams Rlty Bellevue.

    Description

    THIS IS A HARD TO BEAT OPPORTUNITY TO INVEST IN A SOLID BUSINESS with very Strong Financials and GOOD CASH FLOW. Gross Rent Multiplier of 12 & a 6% CAP RATE!! Property is 100% occupied with a This 4 plex has 2 townhouse style units, the other 2 units are, 1 upstairs unit with a balcony, and the other is a downstairs end unit. There are 4-SINGLE CAR GARAGES and an additional parking space. NEW Certain Teeds Landmark series ROOF ! NEW 7-inch GUTTERS! Pride of ownership throughout this property with Gorgeous Landscaping. Dont miss this rare opportunity!

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    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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-03T23:13:58.983.

    www.nwhomeexperts.com/homes/118361245
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    2209 O Place NE Auburn, WA 98002

    • Price: $956,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: 1793084
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1976
    Built
    Neighborhood:
    Auburn
    County:
    King
    Area:
    Auburn
    School District:
    Auburn
    Property Description
    THIS IS A HARD TO BEAT OPPORTUNITY TO INVEST IN A SOLID BUSINESS with very Strong Financials and GOOD CASH FLOW. Gross Rent Multiplier of 12 & a 6% CAP RATE!! Property is 100% occupied with a This 4 plex has 2 townhouse style units, the other 2 units are, 1 upstairs unit with a balcony, and the other is a downstairs end unit. There are 4-SINGLE CAR GARAGES and an additional parking space. NEW Certain Teeds Landmark series ROOF ! NEW 7-inch GUTTERS! Pride of ownership throughout this property with Gorgeous Landscaping. Dont miss this rare opportunity!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 4 Exterior Features WoodWood Products Lot Features Cul-De-SacCurbsDead End StreetPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateMarbleCarpet Foundation Details Slab Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 79759 Insurance Expense 1633 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 57360 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features DeckFenced-PartiallyOutbuildingsPatio Special Listing Conditions None Tax Annual Amount 9041 Tax Year 2020 Total Expenses 22399 Units In Building Total 4 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 6511 Water Source See Remarks Zoning Class Multi-Family

    Listing information © 2021 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-03T23:13:58.983.

     
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    NW Home Experts
    2211 Elliott Avenue Suite 200
    Seattle WA, 98121
    Listing Courtesy of Keller Williams Rlty Bellevue.