$1,050,000
For Sale

506 1st Street SW

Auburn, WA 98001
Listing OfficeBest Choice Realty
Browse 33 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

This 6-plex is your next investment opportunity in the heart of Auburn's Downtown! Property is 100% rented & managed by a local property mgmt company. Potential to expand investment w/triple lot. Look into adding or building an ADU. 1st floor units have original millwork & tall ceilings. Upstairs units clean w/updated flooring & paint. Efficiency upgrades-basement & attic insulation. Endless positives to boast about with spacious layout providing comfortable living space for tenants to enjoy. Newer electrical panel. Updates: boilers in 2021, Roof in 2020 & shared coin-operated laundry area w/newer machines for addl income. Plenty of storage space for each unit. Within minutes to restaurants, lightrail & entertainment. Make an offer today!

  • Interior Details
      • InteriorWall to Wall Carpet
  • Property Details
      • Exterior MaterialsStucco
    • Measurements
      • Acres0.4132
  • Construction Details
      • Style62 - Business Opp.
      • Property TypePurchase
    • Condition
      • Year Built1906
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionAuburn
    • Location
      • CountyKing
  • Financial Details
      • Original List Price$1,050,000
      • Taxes Annual$11,572
      • Days on Market (Cumulative)86
  • Other
      • MLS #2301877
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
$0.00
Loan Amount
$0.00