Turn-key investment opportunity in the highly desirable Auburn Greens HOA #1. This updated condo is tenant-occupied and producing $1, 800 per month in rent, making it one of the highest rent-to-purchase price ratios you'll find in Auburn, providing excellent value whether you're buying to live in or invest 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 2023, with a newer HVAC system installed in 2020. Improvements include 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) 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 is approved eligible for financing for eligible buyers. Opportunities like this don't last schedule your viewing today.