506 1st ST SW Active Save Request In-Person Tour Request Virtual Tour
Auburn,WA 98001
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Auburn
MLS Listing ID 2301877
Style 62 - Business Opp.
Year Built 1906
Annual Tax Amount $11,572
Lot Size 0.413 Acres
Property Description
This 6-plex is your next investment opportunity in the heart of Auburn's Downtown! Property is 100% rented & managed by a local property mgmt company. Potential to expand investment w/triple lot. Look into adding or building an ADU. 1st floor units have original millwork & tall ceilings. Upstairs units clean w/updated flooring & paint. Efficiency upgrades-basement & attic insulation. Endless positives to boast about with spacious layout providing comfortable living space for tenants to enjoy. Newer electrical panel. Updates: boilers in 2021, Roof in 2020 & shared coin-operated laundry area w/newer machines for addl income. Plenty of storage space for each unit. Within minutes to restaurants, lightrail & entertainment. Make an offer today!
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Carpet
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional