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
Listing Office: Keller Williams Seattle Metro.
|Status Changed from Pending Feasibility to Pending||–|
|Status Changed from Active to Pending Feasibility||–|
|Price Reduced from $1,100,000 to $1,050,000|
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Listing information last updated on October 13th, 2019 at 8:37pm PDT.