Bought with Keller Williams Realty Bothell
$970,000
$999,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3,536 SqFt
SOLD DATE : 01/03/2024
Key Details
Sold Price $970,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $274
Subdivision Pacific
MLS Listing ID 2172834
Sold Date 01/03/24
Style 54 - 4-Plex
Year Built 1989
Annual Tax Amount $7,952
Lot Size 0.411 Acres
Property Description
Such a serene location on a dead end street with minimal neighboring properties is rare to come by! This low maintenance INCOME PRODUCING PROPERTY is a home run! The ease of vinyl siding, 5 year old roof & almost all windows updated to white vinyl are just a few features. Inside you'll find updated interior paint, white mill work, refreshed kitchen cabinets & LVP flooring throughout the living areas. With conforming multi family properties around, values hold consistently well! With all units currently leased, the property produces a 6.6% CAP RATE that is NOT-Pro Forma! Tenants enjoy plenty of parking with 8 total parking spots available & 4 which are covered car ports. Only 5 minutes from 167 for easy commuting! Don't let this one slip by!
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Metal/Vinyl, Wood
Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Adjacent to Public Land, Cul-De-Sac
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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