402 4th Street SE Auburn, WA 98002
Listing Courtesy of: Northwest MLS / Kw Mountains To Sound Realty

  402 4th Street SE Auburn, WA 98002

Active (78 Days)
$740,000

Description

Hard to find cash flow, value-add opportunity available with this duplex in the heart of Auburn. Strong rental income, with room to increase rents, on Unit A with rent at $2,150 for a 1,270 square foot unit. Second Unit B, also at 1,270 square feet, is far below market rate at $1,825 and is primed for a substantial rental increase. Desirable corner lot units are both 3 bedrooms, 2.5 baths and have separate garages, laundry and balconies. Conveniently located in a walkable community and close to shopping, restaurants, medical services, public transportation, and perfect for commuters of Highways 18 & 167. Live in one side and rent the other, add to your portfolio or begin your journey toward wealth building.

MLS #:
2298255
Taxes
$6,088(2023)
Lot Size
9,940 SQFT
Type
Multifamily
Building Name
Theron Addition
Year Built
1989
Style
Duplex
School District
Auburn
County
King County
Community
Downtown - Auburn

Listed By

Brian Manaois, Kw Mountains To Sound Realty
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 5:29 AM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Downtown - Auburn
Lot Information
  • Sidewalk
  • Paved
  • Curbs
  • Corner Lot
Property Features
  • Patio
  • Fenced-Partially
  • Deck
  • Fireplace: 0
  • Foundation: Slab
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Wood Products
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Washington Elementary
  • Middle School: Cascade Mid
  • High School: Auburn Snr High
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Blue Chip and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 12/21/24 21:29. 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.