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Aberdeen,WA 98520
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,038 sqft
Price per Sqft $205
Subdivision West Aberdeen
MLS Listing ID 2315016
Style 55 - 5-9 Units
Bedrooms 3
Year Built 1953
Annual Tax Amount $3,181
Lot Size 5,663 Sqft
Property Description
9-unit apartment building with tons of upside potential! Opportunity to increase rents to market rate, add coin-op laundry and rent out the attached garage or turn into storage lockers for additional income. 5 of the units have been recently updated. Electrical was updated, wall heaters have been installed in each unit, and a newer hot water system was installed. Building exterior was recently painted. 7 units are studios, 1 is a one-bedroom and 1 is a two-bedroom unit. 8.5% CAP RATE with proforma rents!!
Location
State WA
County Grays Harbor
Area 198 - Aberdeen
Interior
Flooring Laminate,Vinyl,Carpet
Exterior
Exterior Feature Wood,Wood Products
Amenities Available Cable TV,Gas Available,High Speed Internet
View Y/N No
Roof Type Composition
Building
Lot Description Alley,Corner Lot,Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools A J West Elem
Middle Schools Miller Jnr High
High Schools J M Weatherwax High
School District Aberdeen
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional