113 N Newell ST Active Save Request In-Person Tour Request Virtual Tour
Aberdeen,WA 98520
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,740 sqft
Price per Sqft $173
Subdivision Aberdeen
MLS Listing ID 2427716
Style 54 - 4-Plex
Bedrooms 6
Year Built 1972
Annual Tax Amount $3,324
Lot Size 6,500 Sqft
Property Sub-Type Multi Family
Property Description
Aberdeen Investment Opportunity! Rare 2,740 sq ft ~ 4-plex on the river! Well maintained and many recent renovations. Units 2 and 4 feature spacious decks overlooking the river—perfect for enjoying the views and abundant wildlife. Units 1 and 3 also have decks, but without river views. The property is ideally located near shopping and downtown. There is a four-car parking pad, previously with a carport, giving you the option to easily add covered parking again. Turn-key, professionally managed and ready for an easy hand-off to the next investor. 2 2-bed units, 2 1-bed units. Total gross income 4850/month! Cap rate of ~7.5% based on actual, not pro forma. Overall solid investment - set it and forget it!
Location
State WA
County Grays Harbor
Area 198 - Aberdeen
Interior
Flooring Vinyl,Carpet
Exterior
Exterior Feature Wood,Wood Products
Amenities Available Cable TV,Deck,High Speed Internet
View Y/N Yes
View City,River
Roof Type Composition
Building
Lot Description Corner Lot,Paved
Sewer Sewer Connected
New Construction No
Schools
School District Aberdeen
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional