514 8th Street NE, Auburn, WA 98002

WA, Auburn
$1,000,000
  • 5,493 Sqft
  • Residential Income Property Type
  • 1989 Year Built
  • Closed Status
Property Description

Penny Lane Apartments offered for the first time since its construction. Located in DT Auburn, well-maintained & consists of two 2-story buildings. One being a duplex & another a triplex; consisting of three 2BD/1BTH units & two 2BD/1.5BTH townhomes ranging between 915-1240SF. Units feature all kitchen applncs, baseboard heating, patio/balconies, vinyl & carpet flooring, washer/dryer hook ups, attached garages along with some having additional off street parking. Both buildings are comprised of asphalt shingle roofs which were replaced in 2007, aluminum siding & vinyl windows. A new owner will benefit from the multitude of options in increasing the income at Penny Lane based off their operational strategy. Don’t miss this great opportunity!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2212579
  • Price: $1,000,000
  • View: Territorial
  • Square Footage: 5,493 Sqft
  • Year Built: 1989
  • Lot Area: 0.39 Acre
  • Status: Closed
  • Office Name: John L. Scott, Inc
  • Agent Name: Jonathan D. Bye
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Metal/Vinyl
  • Flooring Carpet, Vinyl
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Auburn
  • Zipcode 98002
  • Street: 8th
  • Street Number: 514
  • Street Suffix: Street
  • Longitude: W123° 46' 38.9''
  • Latitude: N47° 18' 52.7''
  • Directions: From Auburn Way North go SE onto 8th St NE. Units will be on your right.
  • Mls Area Major: 310 - Auburn
  • Street Dir Suffix: NE
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Auburn
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2024-03-21
  • Number Of Units Total: 5
  • Lot Features: Paved, Sidewalk, Corner Lot
Financial
  • Tax Annual Amount: 14549
Listing Information
  • List Agent Mls Id: 35656
  • List Office Mls Id: 3647
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:48:35Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-05-06T18:25:41Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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