2206 O Street NE, Auburn, WA 98002

$515,000
1,790
SqFt

Listing courtesy of John L. Scott, Inc.

List Price
$515,000
Status
PENDING
MLS#
2247236
Days on Market
33
Style
52 - Duplex
Finished SqFt
1,790
Area Total SqFt
1790
Annual Tax Ammount
5742
Lot Size (sq ft)
7,275
Sewer
Sewer Connected

Property Description

Welcome to your next savvy investment opportunity! Nestled in a prime location, this charming duplex presents a lucrative prospect for both seasoned investors and those venturing into real estate for the first time. Boasting two spacious bedrooms and one sleek bathroom in each unit, this duplex is designed to offer comfortable living spaces while maximizing rental potential. Each unit features its own fenced backyard, providing tenants with private outdoor retreats ideal for relaxation, entertaining, or enjoying the sunshine. And Individual garages too!

Additional Information

List Date
2024-06-12 18:32:20
Community
Auburn
Net Operating Income
$28,943
Gross Adjusted Income
$38,400
Gross Scheduled Income
$38,400
Total Monthly Income
$3,300
Insurance Expenses
$2,915
Water/Sewer/Garbage Expenses
$300
Gross Rent Multiplier
38400
Total Expenses
$9,457
Cap Rate
6
Total Number of Units
2
Unit Name
2206
Potential Terms
Cash Out, Conventional
Year Built
1973
Roof
Metal
Site Features
Fenced-Fully
Electric Expenses
200
Other Expenses
100
Energy Source
Electric
School District
Auburn
Total Monthly Income
$3,300
Gross Scheduled Income
$38,400
Gross Adjusted Income
$38,400
Tax Year
2023
Insurance Expense
$2,915
W/S/G Expenses
$300
Total Expenses
$9,457
Net Operating Income
$28,943
Gross Rent Multiplier
38400
Cap Rate
6
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