Standardized Operating Procedure of Purchase

This spacious multifamily property, owned by the City of Auburn and being sold as-is, offers exceptional potential for investors, developers, or buyers seeking an income-producing property with redevelopment possibilities. Situated within the City’s R2 zoning district gives an investor options for different development opportunities. The structure is currently classified as a converted apartment-style property with multiple residential units, presenting a range of future possibilities subject to City approvals and zoning requirements. All uses for this property must go through the proper permitting and variance process through the City of Auburn. Conveniently located near Auburn amenities, schools, shopping, and restaurants, this property offers strong potential for renovation, redevelopment, or long-term investment. Buyers are encouraged to perform all due diligence regarding zoning, permitted uses, code requirements, and property condition with the City of Auburn. The buyer is responsible for survey, title, tax search, and transfer tax. All offers must use the attached purchase offer form. Hold harmless agreements. The property is being strictly sold in “as is” condition.