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    1201 Auburn Way S

    Auburn, WA 98002
    • $1,088,000
    • STATUS: Pending
    • ON SITE: 87 days
    • ID#: 1746525
    Under Contract
    $1,088,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Better Properties Nw.

    Description

    Great re-development opportunity for mixed use building in Auburn. All permit is ready to submit. All drawings might be transferred to the buyer. "Property is sold as it is." Buyer to verify all information. Financial information is "Pro-Forma" after completion of the construction. Estimate of replacement cost will be $1.25 Million. Six(6) Residential units with all 2 beds and 1 bath. Plus Three(3) Commercial retail units. Please stop by and check the property. Inspection upon Mutual acceptance.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T00:15:58.26.

    www.pickettstreetproperties.com/homes/115375132
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    1201 Auburn Way S Auburn, WA 98002

    • Price: $1,088,000
    • Status: Pending
    • ID#: 1746525
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    1946
    Built
    Neighborhood:
    Auburn
    County:
    King
    Area:
    Auburn
    School District:
    Auburn
    Property Description
    Great re-development opportunity for mixed use building in Auburn. All permit is ready to submit. All drawings might be transferred to the buyer. "Property is sold as it is." Buyer to verify all information. Financial information is "Pro-Forma" after completion of the construction. Estimate of replacement cost will be $1.25 Million. Six(6) Residential units with all 2 beds and 1 bath. Plus Three(3) Commercial retail units. Please stop by and check the property. Inspection upon Mutual acceptance.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner Lot Open Parking Spaces 24 Open Parking YN Yes Parking Total 24 Parking Uncovered Spaces 24 Roof Cedar ShakeFlat Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring ConcreteVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type BaseboardForced Air Heating YN Yes Interior Features Concrete

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 243000 Insurance Expense 3000 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 1-2 Net Operating Income 212562 New Construction YN No Possible Use CommercialMulti-FamilySee Remarks Power Production Type Electric Property Condition Fixer Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 15288 Tax Year 2020 Total Expenses 18288 Units In Building Total 9 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 0 Zoning Class CommercialMulti-FamilySee Remarks

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Pickett Street Properties and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T00:15:58.26.

     
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    Pickett Street Properties
    22614 Bothell Everett Hwy
    Bothell WA, 98021
    Listing Courtesy of Better Properties Nw.