Pending

$1,000,000

8 Beds 4 Baths 3,806 SQFT 0.22 Acres
Type: Pending

903 31st Street NE
Auburn, WA 98002

MLS#: 2548746
Presented by: Skyline Properties, Inc. and NWMLS

Property Description

 

Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate6.8
Carport Spaces0
Carport Y/NNo
CityAuburn
CoolingNone
CountyKing
DirectionsFrom Auburn Way N. Go East on 30th St NE, then North on I St NE, and East on 31st St NE. 903 is the 2nd unit in on the left (North) side of street.
Electric Expense0
Fuel Expense0
Garage Spaces4
HOANo
HOA Fee$0
HeatingBaseboard, Fireplace Insert
High School DistrictAuburn
Insurance Expense3364.32
Leasable Area3,806 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet9,600 sqft
Lot Size UnitsSquare Feet
MLS Area310 - Auburn
NWM_ShowMapLinkY
Net Operating Income67993
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseResidential
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHere's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attra
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeQuadruplex
Subdivision NameAuburn
Tax Annual Amount$10,671
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water Sewer Garbage3964.09
Year Built1984
Zoning DescriptionResidential

Exterior

Building Area Total3,806 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.2204
Parking Uncovered Total4
Site FeaturesCable TV, Fenced-Partially, High Speed Internet, Patio
Total Parking4
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$1,000,000

8 Beds 4 Baths 3,806 SQFT 0.22 Acres
Type: Pending

903 31st Street NE
Auburn, WA 98002

MLS#: 2548746