Turn-key investment opportunity in the highly desirable Auburn Greens HOA #1. This renovated condo has been occupied by the same reliable tenants for the past seven years and currently generates $1,700 per month in rental income. The rent is scheduled to increase to $1,850 per month in August, making it one of the strongest rent-to-purchase price ratios available in Auburn. Whether you're looking for a solid investment opportunity or a primary residence, this property offers outstanding value. Ideal for investors seeking cash flow, predictable returns, and low maintenance. This property works beautifully for a turn-key investor, first-time buyer, or anyone seeking affordable, easy living. The unit features an inviting open floor plan and was thoughtfully updated in 2017. Improvements included new windows, modern flooring, fresh paint, updated cabinetry, modern countertops, new interior doors, appliances, and refreshed electrical and plumbing fixtures making this a move-in-ready residence. Additional benefits include two assigned parking spaces one covered, enclosed with a garage door, one uncovered space and three private storage closets. The HOA maintains the exterior of the unit (walls out), landscaping, water heater and a well-kept laundry room. The area is surrounded by park-like green space, perfect for pets and families and includes an HOA managed community swimming pool. The location is unbeatable minutes from Target, Home Depot, restaurants, hospital, public transit, and just 10 minutes to historic Downtown Auburn. Nearby Auburn Regional Park features disc golf, pickle ball, ball fields, basketball courts, BBQ areas, and playgrounds. The Auburn Greens neighborhood continues to offer some of the most affordable and accessible housing in Auburn, and is known for consistent rental occupancy, stable tenants, and affordable HOA dues making this a strong option for both investors and homeowners. Condominium property is approved for financing for eligible buyers. Opportunities like this don't last. Schedule your viewing today!