Provided by NWMLS, Listed by John L. Scott, Inc

Pending

514 8th Street NE

Auburn WA, 98002

$1,000,000


$182.05 per sqft

Pending

5,493 sqft

Multi-family

Built in 1989

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!

2212579

MLS ID

March 21, 2024

Listed

April 15, 2024

Updated

Map

514 8th Street NE
Auburn WA, 98002

Interior Features

Total Stories

2


Interior Features

Wall to Wall Carpet


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.39 Acres


Exterior Features

Metal/Vinyl


Lot Features

Corner Lot, Paved, Sidewalk


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Auburn


High School

Buyer To Verify


Elementary School

Buyer To Verify

Other Property Details

Area Name

310 - Auburn


Taxes

$14,549


Tax Frequency

Annually


Garage

No


Parking Total

15


View

Yes


View Description

Territorial


County

King


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/15/2024

Pending

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/28/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 4/28/2024 at 10:00 AM UTC 

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