936 28th Street NE, Auburn, WA 98002

$423,000
3,756
SqFt

Listing courtesy of RE/MAX Choice Executives. Selling Office: Bentley Properties.

Sold Price
$423,000
List Price
$429,999
Status
SOLD
MLS#
698502
Closing Date
Jan 29, 2015
Days on Market
79
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,756
Area Total SqFt
3756
Annual Tax Ammount
6279
Lot Size (sq ft)
8,800
Sewer
Sewer Connected

Property Description

Great opportunity to own this well maintained four-plex with stable tenants, no deferred maintenance & a very good cash flow! Units are townhouse style allowing good separation between tenants. Each townhome has 2 bedrooms, 1.5 bath, fireplace, all appliances including washer/dryer PLUS an individual garage. Fresh exterior paint , newer roof, vinyl windows & newer carpets in 3 homes. Great location, close-in & minutes to the freeway, schools & shopping. A great stable investment!!

Additional Information

List Date
2014-11-11 00:00:00
Community
Auburn
Net Operating Income
$34,236
Gross Adjusted Income
$45,857
Gross Scheduled Income
$46,320
Total Monthly Income
$3,860
Insurance Expenses
$950
Water/Sewer/Garbage Expenses
$3,942
Gross Rent Multiplier
9
Total Expenses
$11,621
Cap Rate
8
Vacancy Rate
1
Total Number of Units
4
Unit Name
936
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1987
Roof
Composition
Site Features
Cable TV, Patio
Other Expenses
420
School District
Auburn
Total Monthly Income
$3,860
Gross Scheduled Income
$46,320
Vacancy Rate
1
Gross Adjusted Income
$45,857
Tax Year
2014
Insurance Expense
$950
W/S/G Expenses
$3,942
Total Expenses
$11,621
Net Operating Income
$34,236
Gross Rent Multiplier
9
Cap Rate
8
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