WA > Auburn > Downtown - Auburn
Auburn, WA 98002,402 4th ST SE
Auburn, WA 98002,402 4th ST SE
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Brad Hanks

Brad Hanks

+1(360) 966-6726
Listed by KW Mountains to Sound Realty
$740,000
Est. payment /mo
6 Beds
5 Baths
2,540 SqFt
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UPDATED:

10/16/2024 08:02 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $291

Subdivision Downtown - Auburn

MLS Listing ID 2298255

Style 52 - Duplex

Bedrooms 6

Year Built 1989

Annual Tax Amount $6,088

Lot Size 9,940 Sqft

Property Description

Hard to find cash flow, value-add opportunity available with this duplex in the heart of Auburn. Strong rental income, with room to increase rents, on Unit A with rent at $2,150 for a 1,270 square foot unit. Second Unit B, also at 1,270 square feet, is far below market rate at $1,825 and is primed for a substantial rental increase. Desirable corner lot units are both 3 bedrooms, 2.5 baths and have separate garages, laundry and balconies. Conveniently located in a walkable community and close to shopping, restaurants, medical services, public transportation, and perfect for commuters of Highways 18 & 167. Live in one side and rent the other, add to your portfolio or begin your journey toward wealth building.

Location

State WA

County King

Area 310 - Auburn

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace Yes

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Deck, Fenced-Partially, Patio

Waterfront No

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Washington Elementary

Middle Schools Cascade Mid

High Schools Auburn Snr High

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA

Listing Terms Cash Out, Conventional, FHA

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Northwest MLS (NWMLS)
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Brad Hanks

+1(360) 966-6726

Managing Broker | License ID: 73959

Managing Broker License ID: 73959

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