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Listed by:Spivey Realty Group, LLC • Kevin Spivey

$599,000

Est. payment - /mo

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7 Beds

6 Baths

4,802 SqFt

New

220 W 4th ST Aberdeen, WA 98520

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Dawn Catlow

dawn@exactusproperties.com +1(206) 701-9170

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

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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Dawn Catlow

Agent License ID: 21001897

+1(206) 701-9170

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