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Listed by The Foundation Group LLC
$ 1,830,000
Est. payment /mo
Active
1202 Harvey Rd NE Auburn, WA 98002
17 Beds
8.5 Baths
6,849 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,849 sqft
Price per Sqft $267
Subdivision Auburn
MLS Listing ID 2422038
Style 55 - 5-9 Units
Bedrooms 17
Year Built 1967
Annual Tax Amount $22,510
Lot Size 10,850 Sqft
Property Sub-Type Multi Family
Property Description
Brickwood Apartments - 8 unit in Auburn with attractive mix of seven 2B/1B (825SqFt) and one 3B/1.5B (1,075SqFt). Listed at 6.3% cap rate with additional upside in renovating one remaining unit and implementing utility billback. Investment is perfect for 1031 exchange buyer looking to acquire more units or any investor with low maintenance building and ease of self-management. Close proximity to retail corridor of Auburn Way N, groceries, and shopping.
Location
State WA
County King
Area 310 - Auburn
Interior
Fireplace false
Exterior
Exterior Feature Brick, Cement/Concrete, Wood
View Y/N No
Roof Type Built-Up
Building
Sewer Sewer Connected
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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