Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Tenant's Rights
Roof Composition
Exterior Features Metal/Vinyl
HOA 0
Year Built 1989
View Territorial
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 37773
Insurance Expense 2452
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Auburn
Special Listing Conditions None
Status Pending
Directions From Auburn Way North go SE onto 8th St NE. Units will be on your right.
High School Buyer To Verify
City Auburn
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Auburn
Open Parking Spaces 10
Total Units 5
MLS Area 310 - Auburn
Lot Size Square Feet 17018
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 8th
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 14549
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks 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 o
Leasable Area 5495
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Water Company City of Auburn
Units Below Grade false
Units In Building Total 5
Water Sewer Garbage 8743
Property Style 55 - 5-9 Units
Cap Rate 3.78