For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

3601 I St NE | Auburn Auburn, WA 98002

Loading data...
Loading data...
Loading data...
For Sale
$3,895,000

16-unit apartment community built in 1988 on a 26,875-SF lot.

Property size:
15 SF

Property Features for 3601 I St NE | Auburn

General Information

Size
15 SF

Building Details

Year built
1988

Source: Daniel Lim Agent Daniel Lim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained Auburn Apartment Community

The I Street Apartments is a 16-unit apartment community in Auburn, Washington, constructed in 1988. The property is situated on a 26,875-square-foot lot with C3 zoning, located between the downtown regional cores of Auburn and Kent. The community features garden-style layouts, with a mix of four 1-bedroom units, four 2-bedroom/1-bath units, and eight 2-bedroom/2-bath units. The average unit size is nearly 1,000 square feet. Interior features include tiled flooring and updated bathrooms in select units, along with fireplaces, private balconies or patios, and in-unit laundry in every residence. The building envelope consists of vinyl siding and a composition shingle roof. All windows were upgraded to double-pane units in 2016. The electrical system features Romex wiring with individual panels. A total of 24 off-street parking stalls are available. The property represents a turnkey investment offering both stable in-place cash flow and long-term value-add upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Auburn
County
King
State
Washington
Longitude
-122.2169936
Latitude
47.2772802

FAQs

What type of property is this?
Apartment building - 16-unit apartment community built in 1988 on a 26,875-SF lot.
Where is this apartment building located?
The property is located at 3601 I St NE | Auburn Auburn, WA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: - Turnkey investment with stable cash flow and value-add potential through light interior updates.; - Large units averaging nearly 1,000 square feet with a mix of 1- and 2-bedroom layouts.; - Enjoy the convenience of in-unit laundry, fireplaces, and private balconies/patios in every residence.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message