Bought with Marketplace Sotheby's Intl Rty
$950,000
$950,000
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8 Beds
4 Baths
2,492 SqFt
SOLD DATE : 05/30/2025
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,492 sqft
Price per Sqft $381
Subdivision Pacific
MLS Listing ID 2354811
Sold Date 05/30/25
Style 54 - 4-Plex
Bedrooms 8
Year Built 1984
Annual Tax Amount $6,980
Lot Size 0.275 Acres
Property Sub-Type Multi Family
Property Description
SELLER FINANCING! Seller will finance up to 75% of the purchase price at 5.5% interest-only for up to 5 years. Renovated 4-plex in Pacific, WA featuring four 2 bed / 1 bath units with updated interiors, including new cabinets, appliances, countertops, flooring, paint, and trim. Built in 1984, the building is well maintained and includes brand new commercial laundry, off-street parking for 8 vehicles, and a private, landscaped yard space for tenant use. Current rents average $1,394 per unit plus a $150 utility fee. Located on a quiet residential street with convenient access to Hwy 167, Auburn, Sumner, and nearby employers. A great fit for both investors seeking solid cash flow and buyers looking to live in one unit while renting the others.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Fenced-Partially
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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126 Newman Creek Rd, Elma, Washington, 98541, USA