$699,888
For Sale

1203 22ND STREET NE

Auburn, WA 98002
2812 sqft | 0.15 acres | #2310446
Listing OfficeHomes & Equity Real Estate Grp
Browse 18 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Excellent investment opportunity with a strong 7% CAP rate and $5,000 in monthly rental income, potential for immediate growth. Live in one unit & rent the other or acquire a solid investment property. This corner-lot, townhome-style duplex is ideally located with easy access to I-167 and nearby amenities. Unit A is currently occupied with a lease ending in 6/25 & Unit B is vacant. Each unit features 3 bedrooms (2 upstairs, 1 downstairs), with 1 full bath upstairs, a ½ bath downstairs, and a laundry room. Unit A boasts a master bedroom with an owner’s suite on the main floor, a newly designed open kitchen layout, and an upgraded electric panel. Each unit includes a flat, fully fenced yard with a front covered porch. DO NOT CONTACT TENANTS!"

  • Interior Details
      • InteriorLaminate, Wall to Wall Carpet
  • Property Details
      • Lot DescriptionCorner Lot, Curbs, Paved
      • Exterior FeaturesFenced-Fully
      • ViewTerritorial
      • Exterior MaterialsMetal/Vinyl
      • Stories2
    • Measurements
      • Acres0.1495
      • Square Feet2812
  • Construction Details
      • Property TypeMulti-Family
      • Style52 - Duplex
    • Condition
      • Year Built1969
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionAuburn
    • Location
      • School DistrictAuburn
      • CountyKing
  • Financial Details
      • Original List Price$699,888
      • Taxes Annual$6,981
      • Days on Market (Cumulative)4
  • Other
      • MLS #2310446
Mike VernlundReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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