716 37th St SE
Auburn, WA 98002

$850,000

Property photo
Sold
Multi Family
8 Bedrooms
4 Full Bathrooms
4 Units
Interior: 988 sqft
Lot: 9,328 sqft
Year Built: 1985
MLS #: 1961768

Multi-family Investor Opportunity

Huge upside on this Auburn 4-Plex with current rents approximately 39% below market. Current tenants are month-to-month; each unit is ready for an increase of rents. 2+1 units at nearly 1,000 sqft, w/ spacious kitchens, large family rooms w/ fireplaces, decks/balconies, and their own W&D. The large lot allows for a yards, ample parking, and backs to school. Increase rents & bill back to tenants for water/sewer/garbage to make this a fantastic value add opportunity and a high cash flowing asset. Buy, stabilize, hold, and sell in 5 yrs for profit or keep as a legacy portfolio property.

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Map of 716 37th St SE, Auburn, WA 98002, USA
Brian Manaois

For more information contact:
Brian Manaois (1944)
Keller Williams Mountains to Sound
Phone: (206) 890-2585
[email protected]

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Information deemed reliable, but not guaranteed.   Equal Housing Opportunity Equal Housing Opportunity