$625,000 $3,355 est/mo Sourced by Back At You
2320 Simpson Avenue , Aberdeen, WA 98520
Aberdeen, WA 98520
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!!
Details
| MLS# | 2315016 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 11 |
| Listing Provided By | KW Greater Seattle | Stacey A. Brower |
Features
| SQ Feet | 3,038 |
|---|---|
| Story(s) | 2 |
| Units | 9 |
| Acreage | 0.13 |
Market Activity 98520
The three trees icon appears on listings courtesy of NWMLS.
Listings courtesy of NWMLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: suppport@realistiq.com
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Aberdeen |
| Zip Code | 98520 |
| Area | 198 Aberdeen |
| Community Name | West Aberdeen |
| School District | J M Weatherwax High |
| Elementary School | A J West Elem |
| Middle School | Miller Jnr High |
| High School | J M Weatherwax High |
| Listing VS Median (in West Aberdeen) | |
Price: $625,000 low | high Med: $239,500 SqFt: 3,038 low | high Med: 1,683 $ / SqFt: $206 low | high Med: $152 On Site: 11 low | high Med: 146.000000 | |
Listing Updated: January 16, 2025 at 3:41:08 PM PST