1202 Harvey Road Auburn, WA $ 2,000,000
1202 Harvey Road
$ 2,000,000
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1202 Harvey Road

Auburn, WA, 98002
$ 2,000,000
Baths0.0 Sq 6,849

Monthly Estimate*

$ 11,978

Listed by Paragon Real Estate Advisors
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Studio

Multi-Family Home for sale in Auburn, WA

for $2,000,000. This 6,849 square foot home was built in 1967 on a lot size of 0.2491.

The 8-unit property has seven renovated units and one long-term tenant who has been there since the owners purchased the property. There is an attractive unit mix of 7 – 2 bedroom/1 bathroom units and a 3 bedroom/1.5 bathroom unit with its own washer and dryer. The renovated units have LVP flooring, new cabinets, marble backsplashes in the kitchen and bathrooms, quartz countertops and a small patio/deck. The plumbing has been updated with a combination of PEX, ABS and copper. The property is currently owner-operated. The Brickwood Apartments present a value-add opportunity for new ownership to implement a utility billback system and bring rents to market levels.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,289

Style

5-9 Units

Lot Size

0.2491

Year Built

1967

Town/City

Auburn

County/Region

King

MLS | Web ID

2292396

Features
General
Sewer Sewer Connected
Heating Radiant
Cooling None
Possession Closing
Roof Composition
Exterior Features Brick
HOA 0
Year Built 1967
Property SubType Multi-Family
Tax Year 2024
County King
Net Operating Income 113833
Insurance Expense 3372
New Construction N
Property Type Residential Income
Home Owner Assoc N
Subdivision Name Auburn
Special Listing Conditions None
Status Active
Directions From downtown Seattle take I-5 S and WA-167 S to 15th St NW in Auburn. Take the 15th St NW exit from WA-167 S. Continue on 15th St NW to your destination.
City Auburn
View Y/N N
Senior Community Y/N N
High School District Auburn
Open Parking Spaces 8
NumberOfUnitsTotal 8
MLS Area 310 - Auburn
Lot Size Units Square Feet
Lot Size Square Feet 10850
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Terms Cash Out Conventional
Tax Annual Amount 24289
Electric Expense 0
Fuel Expense 0
Public Remarks The 8-unit property has seven renovated units and one long-term tenant who has been there since the owners purchased the property. There is an attractive unit mix of 7 2 bedroom/1 bathroom units and
Leasable Area 6849
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 13549
Property Style 55 - 5-9 Units
Cap Rate 5.69
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Total Parking 8
Building Area Total 6849
Lot Size Acres 0.2491
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 8
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Internal Only
OriginalMLSID NWM2292396
Street Number 1 1202
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* Excluded Features
List By
Ben Douglas

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$14,002
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,978
Monthly Property Taxes
$2,024
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257071 Elementary School
258444 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2024$2,000,000 Listed Price

Map


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1202 Harvey Road, Auburn, WA, 98002 is a Multi-Family Home for sale at $2,000,000 with 6,849 sqft and a lot size of 0.2491. 1202 Harvey Road is a studio with 0.0 baths and was built in 1967. The property's zip code is 98002 which is in Auburn, WA