Courtesy of: Angela Wassmann | HomeSmart Real Estate Assoc
$585,000Auburn, WA 98002
0.13 Acres
King County
Key Features
MLS ID: 2318437
Year Build: 1958
Status: Active
Property Type: Residential Income
Area: 310 - Auburn
Exterior: ["Brick"]
Address: 416 & 420 2nd St SE , Auburn, WA 98002
City: Auburn
State: WA
Zip: 98002
County: King
Description
Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.
Property Map
From I5 S,take exit 142A towards Auburn onto WA-18 E(S 348th st).Go for 4.5 miles.Take the exit toward Auburn Wy/Enumclaw onto WA-164(Auburn Way S). Go for 0.5 mi. Turn R onto 2nd St SE.Go for 0.1 mi.
Listing # Courtesy of Angela Wassmann of HomeSmart Real Estate Assoc. Last Updated: January 2, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
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