402 4th Street SE
Auburn, WA 98002
2540 sqft | 0.23 acres | #2298255
Description
Hard to find cash flow, value-add opportunity available with this duplex in the heart of Auburn. Strong rental income, with room to increase rents, on Unit A with rent at $2,150 for a 1,270 square foot unit. Second Unit B, also at 1,270 square feet, is far below market rate at $1,825 and is primed for a substantial rental increase. Desirable corner lot units are both 3 bedrooms, 2.5 baths and have separate garages, laundry and balconies. Conveniently located in a walkable community and close to shopping, restaurants, medical services, public transportation, and perfect for commuters of Highways 18 & 167. Live in one side and rent the other, add to your portfolio or begin your journey toward wealth building.
Property Details
- Lot DescriptionCorner Lot, Curbs, Paved, Sidewalk
- Exterior FeaturesDeck, Fenced-Partially, Patio
- Elementary SchoolWashington Elementary
- Exterior MaterialsWood, Wood Products
- InteriorWall to Wall Carpet
- SubdivisionDowntown - Auburn
- Date ListedOctober 04, 2024
- Sewer InformationSewer Connected
- High SchoolAuburn Snr High
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Style52 - Duplex
- Middle SchoolCascade Mid
- Original List Price$740,000
- MLS #2298255
- MLS #2298255
- Property ConditionAverage
- Acres0.2282
- Utility SourcePublic
- School DistrictAuburn
- Taxes Annual$6,088
- Cost740000
- Structure TypeDuplex
- Square Feet2540
- Year Built1989
- FoundationSlab
- CountyKing
- Days on Market (Cumulative)82
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:21:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Brian Manaois (#NWM83645)
Listing Office: KW Mountains to Sound Realty (#NWM6787)
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.
