Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Auburn, WA
1901 C St Sw, Auburn, WA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMixed-use
Units6
Beds / baths— / 1
Living area3,552 sqft
Lot0.19 acres
Year built1974
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Auburn, WA. Take over the existing mortgage payments and acquire the deed for $230,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 9.9%
- Net operating income
- $22,248/yr
- Cash flow
- +$1,854/mo
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.