506 1st ST SW, Auburn, WA 98001 - MLS#2301877 - Rob Shields

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Rob Shields

rob@nwaloha.com +1(360) 820-8875

Listed by Best Choice Realty

$1,050,000

Est. payment - /mo

0.41 Acres Lot

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UPDATED:

11/14/2024 04:08 AM

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

Interior Features Wall to Wall Carpet

Flooring Carpet

Fireplace false

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Rob Shields

+1(360) 820-8875

Broker | License ID: 26737

Broker License ID: 26737