605 West Main Street

Auburn, WA 98001

$800,000
Price
2
Beds
4
Baths
1,876 Sq. Ft.
$426 / Sq. Ft.
1,876
Sq. Ft.
$426
per Sq. Ft.

Description

Exciting prospects await at this premier downtown Auburn location! With its strategic positioning for exceptional investment returns, this property showcases considerable cash flow potential. Enjoying close proximity to Auburn's downtown amenities, shopping outlets, & entertainment venues, convenience is guaranteed. Moreover, each unit benefits from access to a shared utility room equipped with a W/D, while individual uncovered parking spaces add to the appeal. Renovated interiors & a new roof installed...Exciting prospects await at this premier downtown Auburn location! With its strategic positioning for exceptional investment returns, this property showcases considerable cash flow potential. Enjoying close proximity to Auburn's downtown amenities, shopping outlets, & entertainment venues, convenience is guaranteed. Moreover, each unit benefits from access to a shared utility room equipped with a W/D, while individual uncovered parking spaces add to the appeal. Renovated interiors & a new roof installed in 1991 ensure a well-maintained and attractive property. Undeniably, the irresistible charm of this property stems from its unbeatable location–a cornerstone for lucrative investment opportunities.
  1. Listed by Ken Crotts • eXp Realty

Property Details for 605 West Main Street

Community Name
Downtown - Auburn
School District
Auburn
View
Mountain
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
04-04-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty
Add your commute
LISTING UPDATED: 04/16/2024 01:32 PM

Property Details for 605 West Main Street

StatusActive
MLS #2215273
Days on Market28
Cumulative Days on Market27
Taxes$6,441 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.20 AC / 8,500 SF
CountyKing County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 605 West Main Street

Stories2Residences4Year Built1913Building Size-Lot Size0.20 AC / 8,500 SF

Payment Calculator

$4,903 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 605 West Main Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 310 - Auburn
  • Block: 2
  • Elementary School: Washington Elementary
  • Middle Or Junior School: Cascade Mid
  • High School: Auburn Snr High
  • Effective Year Built Source: Public Records
  • Directions: From Highway 18, take "C" Street SW exit. Turn left onto W Main Street.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Carpet
  • Features: Laminate Tile, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1800
  • Power Company: PSE
  • Sewer Company: City of Auburn Utilities
  • Water Company: City of Auburn Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family,Residential,Retail
  • Possible Use: Multi-Family, Residential, Retail
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1981
  • Photos Count: 22
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 9, 10 & 11
  • Lot Size Source: KCR
  • Parcel Number Free Text: 3284300055
  • Building Condition: Average
  • Calculated Square Footage: 1876
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1876.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $3,000
  • Total Expenses: 12061
  • Gross Adjusted Income: 45978
  • Gross Rent Multiplier: 16.87
  • Gross Scheduled Income: $47,400
  • Insurance Expense: $820
  • Net Operating Income: $33,917
  • Other Expenses: $0
  • Total Monthly Income: 3950
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: #1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 677
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: #2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 678
  • Rent Unit 2: $1,100.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: #3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 504
  • Rent Unit 3: $800.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: #4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 505
  • Rent Unit 4: $650.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1876.0
  • Leasable Area Units: Square Feet

Property History for 605 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 605 West Main Street

Taxable ValueLand$93,500Additions$423,500Total$517,000
Tax Record2022$5,946 ($495 / month)
Home Facts
Total Finished SqFt1,572 SqFtAbove Ground SqFt1,572 SqFtStories2Lot Size8,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1913Year Renovated1981ZoningDUCCountyKINGAPN328430-0055

Schools near 605 West Main Street

This home is within Auburn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bowman Creek Elementary
PublicPK to 5

Washington Elementary School
PublicPK to 5

Cascade Middle School
Public6 to 8

Auburn Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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605 West Main Street is a multi-family home for sale in Auburn, WA 98001. This property was listed for sale on April 4, 2024 by eXp Realty, it's currently listed at $800,000. It has been on the market for a total of 28 days and was last sold on April 27, 2017. This listing's school district is Auburn School District. Nearby schools include Bowman Creek Elementary, Washington Elementary School and Cascade Middle School. 605 West Main Street is a 2-bed, 4-bath, 1,876 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.