INVESTMENT OPPORTUNITY - Downtown Auburn Triplex in great condition- Each unit is a spacious townhouse style unit with 1320 sq ft, 2 Bedrooms, 1.5 Baths and a single car private garage. Each unit has a private fenced back yard with a patio. The main floor has the living, dining, kitchen and a half bathroom. The second floor has two spacious bedrooms and a large full bathroom. Long term tenants that want to stay. 6.7% Cap rate with market rents! Market rent is $2,200 per unit. When the leases expire the tenants will be paying all utilities and rents are estimated to be $2,200 per month/unit. Two tenants have been there 7 years, and they own the washer and dryer in the units.
INVESTMENT OPPORTUNITY - Downtown Auburn Triplex in great condition- Each unit is a spacious townhouse style unit with 1320 sq ft, 2 Bedrooms, 1.5 Baths and a single car private garage. Each unit has a private fenced back yard with a patio. The main floor has the living, dining, kitchen and a half bathroom. The second floor has two spacious bedrooms and a large full bathroom. Long term tenants that want to stay. 6.7% Cap rate with market rents! Market rent is $2,200 per unit. When the leases expire the tenants will be paying all utilities and rents are estimated to be $2,200 per month/unit. Two tenants have been there 7 years, and they own the washer and dryer in the units.
Neighborhood
Type
Total Baths
1/2 Baths
County
King
Area
310 - Auburn
Tax Amount
$8,250
Status
Pending
Listing #
2220839
Built
1989
Lot Size
0.20
Listed on site
13 days
Listed by:
Heaton Dainard, LLC
Listing information © 2023 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 LaVerne Pike - Windermere Real Estate - 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 Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-05-09 19:36:10.
DMCA