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Downtown Auburn 4-Plex available for creative financing. Four identical 2 bedroom, 1 full bath units. 2 upstairs with decks and 2 downstairs with patios. All units are 900 SF total. All units have washers/dryers in unit, dishwashers, and a living room with a fireplace. Large, fully fenced back yards. Each unit also has a dedicated covered carport parking spot. Building also has 2 additional dedicated surface parking places, street parking and a gravel area that could be converted to 4 more paid parking spots for additional revenue. Full property inspection available. 3/4 units are currently rented with recently increased rents. 3 rents currently collect 4771/month. Tenants are responsible for their own electric. Owner is responsible for water, sewer, garbage.
CREATIVE FINANCING NEEDED:
I'm looking for a least to own closing a year from now. I'd like buyer to handle mortgage payments from the day we agree get into contract and have a delayed closing set for June 3rd or later 2026. Payments are currently 7400/ month at 6.75% rate. Buyer will be able to take control of property upon agreement. I'd like to keep title until closing in June 2026 if possible.
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