118--202 D St SW

    Auburn, WA 98001
    • $1,050,000
    • STATUS: Pending
    • ON SITE: 72 days
    • ID#: 1471372
    Under Contract
    UPDATED: 52 min ago
    $1,050,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,994
      SQFT
    • $263
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Seattle Metro.

    Description

    7-Unit assemblage consisting of (2)triplexes on one parcel & (1)single family home on adjacent parcel. New owner can expect 17% ROI in 1st year of ownership; 8% Cap Rate based on actual financials. Triplexes have (6)1bed/1bath units; House is 3bed/1bath 1100SqFt w/ detached 2car garage. Shared coin-op laundry generates extra income; tenants pay all utilities. Total lot area=15,876 making this a great candidate for future development. High demand rental; close to downtown Auburn & Sounder station

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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 TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-23T19:17:50.503.

    www.tristarteamre.com/homes/95784411

    118--202 D St SW Auburn, WA 98001

    • Price: $1,050,000
    • Status: Pending
    • Updated: 52 min ago
    • ID#: 1471372
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    3,994
    SQFT
    $263
    $/SQFT
    1911
    Built
    Neighborhood:
    Auburn
    County:
    King
    Area:
    Auburn
    Elementary School:
    Wash Elem
    Middle School:
    Cascade Mid
    High School:
    Auburn Snr High
    School District:
    Auburn
    Property Description
    7-Unit assemblage consisting of (2)triplexes on one parcel & (1)single family home on adjacent parcel. New owner can expect 17% ROI in 1st year of ownership; 8% Cap Rate based on actual financials. Triplexes have (6)1bed/1bath units; House is 3bed/1bath 1100SqFt w/ detached 2car garage. Shared coin-op laundry generates extra income; tenants pay all utilities. Total lot area=15,876 making this a great candidate for future development. High demand rental; close to downtown Auburn & Sounder station
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Wood Foundation Post & Block Garage Spaces 2 Lot Details AlleyCurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 8 Uncovered Spaces 6 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 475 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 475 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 475 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 475 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 475 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 475 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op LaundryStorageThermal Windows Bank Owned No Cap Rate 8.20 Electrical Expenses 0 Energy Source Natural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 101940 Gross Rent Multiplier 10 Gross Scheduled Income 101940 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1650 Leased Items None Lot Number 14 & 9101112 Net Operating Income 87339 New Construction YN No Other Expenses 720 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeckFenced-FullyRV Parking Tax Amount 9226 Tax Year 2018 Terms Cash OutSee Remarks Third Party Approval Required None Total Expenses EXP 11596 Total Expenses TEX 11596 Total Monthly Income 8495 Unit1 Monthly Rent 1045 Unit2 Monthly Rent 1045 Unit3 Monthly Rent 1095 Unit4 Monthly Rent 1045 Unit5 Monthly Rent 1095 Unit6 Monthly Rent 1045 Vacancy Rate 0 Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 TRI STAR Team | RE/MAX NW 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 TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-23T19:17:50.503.

     
    TRI STAR Team | RE/MAX NW
    300 NE 97th Street
    Seattle WA, 98115
    Listing Courtesy of Keller Williams Seattle Metro.