506 1st Street
Auburn, WA 98001
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Provided by Northwest Multiple Listing Service, 2024.
Description for 506 1st Street, Auburn, WA 98001
This 6-plex is your next investment opportunity in the heart of Auburn’s Downtown! Property is 100% rented & managed by a local property mgmt company. 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!
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