Auburn, WA 98002,416 & 420 2nd St SE
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Auburn, WA 98002,416 & 420 2nd St SE
Auburn, WA 98002,416 & 420 2nd St SE
Auburn, WA 98002,416 & 420 2nd St SE
Auburn, WA 98002,416 & 420 2nd St SE
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Listed by HomeSmart Real Estate Assoc
$ 585,000
Est. payment /mo
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416 & 420 2nd St SE Auburn, WA 98002

4 Beds

2 Baths

1,650 SqFt


UPDATED:

01/03/2025 05:20 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $354

Subdivision Downtown - Auburn

MLS Listing ID 2318437

Style 52 - Duplex

Bedrooms 4

Year Built 1958

Annual Tax Amount $5,360

Lot Size 5,705 Sqft

Property Description

Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.

Location

State WA

County King

Area 310 - Auburn

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick

Amenities Available Fenced-Partially, Gas Available

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan


Northwest MLS (NWMLS)
agent

David & Erin Chamberlin

Agent

+1(425) 870-4010

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416 & 420 2nd St SE