1203 22ND STREET NE
Auburn, WA 98002
2812 sqft | 0.15 acres | #2310446
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)5
Other
- MLS #2310446
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 2024-11-17 01:19:08. 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: Mo Abdi (#NWM56118)
Listing Office: Homes & Equity Real Estate Grp (#NWM5049)
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.
