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Listed by:Spivey Realty Group, LLC • Kevin Spivey
$ 599,000
Est. payment /mo
New
220 W 4th ST Aberdeen, WA 98520
7 Beds
6 Baths
4,802 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,802 sqft
Price per Sqft $124
Subdivision Aberdeen
MLS Listing ID 2582435
Style 55 - 5-9 Units
Bedrooms 7
Year Built 1903
Annual Tax Amount $4,577
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
Strong income-producing opportunity in the heart of Aberdeen! This 8-unit multifamily property offers ~4,802 sq ft of rentable space and generates approximately $8,125/month in gross scheduled rental income, or $97,500 annually, with an estimated 9.97% cap rate and $59,707 NOI. The property features a mix of one- and two-bedroom units, many with updates throughout, plus on-site coin-operated laundry for additional income and storage. A substantial ~2,128 sq ft basement provides additional storage and utility space. Conveniently located near downtown Aberdeen, shopping, schools, and local amenities, this established multifamily asset offers strong existing income with additional value-add potential!
Location
State WA
County Grays Harbor
Area 198 - Aberdeen
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, High Speed Internet
View Y/N No
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Aberdeen
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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