1019 18th St NE - Apartments FOR SALE


Auburn, WA 98002- North Auburn
$990,000 USD
206-232-0446
1019 18th St NE, Auburn, WA for Sale
$990,000 USD
Apartments - FOR SALE
1/26
null | 5.49% Cap Rate

1019 18th St NE
Auburn, WA 98002
North Auburn


OVERVIEW

Calling all investors! Don’t miss the opportunity to own this Meadow Brooke Estates townhome style triplex within walking distance of North Auburn’s schools, restaurants & shopping centers. Each unit offers 1187 sq. ft. of upgraded interior space with 2 bedrooms + den, 1.5 baths, in-unit laundry, individual attached garages, extra driveway parking & access to a shared yard space (or potential space for another unit?). The original roof, windows & siding have all been replaced, making this low-maintenance for you & an attractive choice for tenants—all 3 units are currently under lease with historically low vacancy. A 5.4% cap rate & great location just minutes from downtown Auburn, highways & Green River College make this a smart investment!

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

3

PRICE/UNIT

$330,000

CAP RATE

5.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

540900-0110

ASK ABOUT THIS PROPERTY

Brian RossoWindermere Real EstateMore Info
206-232-0446

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Brian RossoWindermere Real EstateMore Info
206-232-0446

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.