MLS #2454653 / Listing provided by NWMLS .
$1,065,000
3802 D Place SE
Auburn,
WA
98002
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 4
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Composition
- Exterior Features: Brick, Metal/Vinyl
Lot Details
- Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk
- Acres: 0.2205
Schools
- High School District: Auburn
Lot Details
- Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk
- Acres: 0.2205
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Company: City of Auburn
- Water Source: Public
- Water, Sewer, and Garbage: 8150.48
Betty Codute
Broker | REALTOR®
Send Betty Codute an email