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    2205 O Place NE

    Auburn, WA 98002
    • $973,822
    • STATUS: Pending
    • ON SITE: 43 Days
    • ID#: 1838487
    Under Contract
    UPDATED: 36 min ago
    $973,822
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,528
      SQFT
    • $276
      $/SQFT
    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. all units are 2 Bedrooms, 4-plex has 2 Townhouse style units, 1 upstairs unit &1 flat unit. 4 private Garages. Units feature UPGRADED APPLIANCES CROWN MOLDING, GRANITE, MARBLE, LAMINATE, KOHLER SINKS & DESIGNER FAUCETS etc. NEW Certain Teeds Landmark 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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-26T17:16:06.62.

    www.alchemyre.com/homes/121366254
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    2205 O Place NE Auburn, WA 98002

    • Price: $973,822
    • Status: Pending
    • Updated: 36 min ago
    • ID#: 1838487
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,528
    SQFT
    $276
    $/SQFT
    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. all units are 2 Bedrooms, 4-plex has 2 Townhouse style units, 1 upstairs unit &1 flat unit. 4 private Garages. Units feature UPGRADED APPLIANCES CROWN MOLDING, GRANITE, MARBLE, LAMINATE, KOHLER SINKS & DESIGNER FAUCETS etc. NEW Certain Teeds Landmark 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 Wood Lot Features Cul-De-SacCurbsDead End StreetPavedSecluded 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 No Waterfront YN No

    Interior Features

    Building Area Total 3528 Fireplace YN No Flooring LaminateMarbleCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

    Property Features

    Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventionalVa Loan Net Operating Income 58429 New Construction YN No Possession Tenant's Rights Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features DeckFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 9041 Tax Year 2021 Units In Building Total 4 Utilities Sewer ConnectedElectricity Available Water Source Public

    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 Alchemy 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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-26T17:16:06.62.

     
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    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Keller Williams Rlty Bellevue.