3842 D PL SE, Auburn, WA 98002
3842 D PL SE, Auburn, WA 98002
3842 D PL SE, Auburn, WA 98002
3842 D PL SE, Auburn, WA 98002
3842 D PL SE, Auburn, WA 98002
3842 D PL SE, Auburn, WA 98002
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Listed by:Northmarq Multifamily, LLC • Steve Fischer
$ 1,045,000
Est. payment | /mo

8 Beds

4 Baths

9,603 Sqft Lot


Save
$ 1,045,000
Est. payment | /mo
Save

8 Beds

4 Baths

9,603 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Auburn

MLS Listing ID 2503231

Style 54 - 4-Plex

Bedrooms 8

Year Built 1981

Annual Tax Amount $10,620

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, L VP 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

Fireplace false

Exterior

Exterior Feature Brick, Metal/Vinyl

Amenities Available Deck, Fenced-Partially, Patio, Shop

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

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Northwest MLS (NWMLS)

Nearby Locations

GET MORE INFORMATION

Nader Nessim
Nader Nessim

REALTOR® | Lic# 116020

+1(206) 941-4918

19515 North Creek Pkwy, Bothell, WA, 98011, USA

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3842 D PL SE