118--202 D St SW $1,050,000

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    118--202 D St SW Auburn, WA 98001

    • 0 Beds
    • 0 Baths
    • 3,994 sq.ft.
    • Multi-Family
    Listing# 1471372 | Pending

    $1,050,000

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    Days On Market: 74 0 Views
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    Property Details

    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

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 2
      • Number of Units 7
      • Year Built 1911
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 15,875
      • Site Features Cable TV, Deck, Fenced-Fully, RV Parking
      • View Territorial
      • County King
    • Building Features
      • Approx SqFt 3,994
      • Roof Compostion
      • Exterior Wood
      • Amenities Coin Op Laundry, Storage, Thermal Windows
      • Floor Covering Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $8,495
      • Net Operating Income $87,339
      • Gross Scheduled Income $101,940
      • Gross Adjusted Income $101,940
      • Total Expenses $11,596
      • Other Expenses $720
      • Insurance Expenses $1,650
      • Expenses $11,596
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 10
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $9,226
      • Energy Source Natural Gas
      • Heating and Cooling Forced Air
      • Sewer Company Sewer Connected
    • Schools
      • School District Auburn
      • Senior High Auburn Snr High
      • Junior High Cascade Mid
      • Elementary School Wash Elem

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    Neighborhood

    98001 (Auburn) Demographics

    39Median Age
    1,702Population Density (per sq. mile)
    36%College Educated
    $73,782 Estimated Median Income
    8,329Estimated Total Home Owners
    2,542Estimated Total Renters
    77% / 23%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    31,664Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $425,700 Median Sales Price
    54 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,050,000
        8/6/2019 11:21:20 AM Status Changed Source New Value: Pending
        7/24/2019 5:21:16 PM Status Changed Source New Value: Pending Feasibility
        7/12/2019 1:11:06 PM Price Reduced Source New Value: $1,050,000 -4.55%
        6/11/2019 12:31:00 PM New in Database Source New Value: $1,100,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.