$999,999
For Sale

506 1st Street SW

Auburn, WA 98001
Listing OfficeBest Choice Realty
Browse 33 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

Priced to sell! The Knickerbocker Mansion 6-plex is an investment opportunity in the heart of Auburn's you won't want to miss! Property is 100% rented. Potential to expand investment w/triple lot. Look into adding or building an ADU. 1st floor units have original millwork & tall ceilings. Upstairs units clean w/updated flooring & paint. Efficiency upgrades-basement & attic insulation. Endless positives to boast about with spacious layout providing comfortable living space for tenants to enjoy. Newer electrical panel. Updates: boilers in 2021, Roof in 2020 & shared coin-operated laundry area w/newer machines for addl income. Plenty of storage space for each unit. Within minutes to restaurants, lightrail & entertainment. Make an offer today!

  • Property Details
      • Property SubtypeCommercial Industrial
      • InteriorWall to Wall Carpet
      • Style62 - Business Opp.
      • Date ListedOctober 14, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Structure TypeUnspecified
      • Original List Price$1,050,000
      • Property TypePurchase
      • Taxes Annual$11,572
      • MLS #2301877
      • MLS #2301877
      • Exterior MaterialsStucco
      • Acres0.4132
      • Utility SourcePublic
      • SubdivisionAuburn
      • Cost999999
      • Year Built1906
      • CountyKing
      • Days on Market (Cumulative)121
Larry MorritReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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