3802 D PL SE new to site Save Request In-Person Tour Request Virtual Tour
Auburn,WA 98002
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Auburn
MLS Listing ID 2454653
Style 54 - 4-Plex
Bedrooms 8
Year Built 1981
Annual Tax Amount $8,819
Lot Size 9,603 Sqft
Property Sub-Type Multi Family
Property Description
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl Plank,Carpet
Exterior
Exterior Feature Brick,Metal/Vinyl
Amenities Available Deck,Fenced-Partially,Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot,Cul-De-Sac,Dead End Street,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Acceptable Financing Cash Out,Conventional,FHA
Listing Terms Cash Out,Conventional,FHA