Hard to find 12-unit apartment building featuring a strong mix of 2 studio units and 10 one-bedroom units. This well maintained property has had recent updated, offering improved condition, modern appeal, and reduced immediate capital needs.It’s producing strong in-place rental numbers, with the rents hitting the 1% rule makes this a solid cash flow type deal for investors looking for performance right away.The seller is also currently offloading 521 W 3rd Street and 107 W 4th Street in Aberdeen, so there’s potential to look at all 3 properties together for a deal or package opportunity.
| MLS # | 2508321 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 157 |
| Listing Provided By | Spivey Realty Group, LLC | Jessie Stout |
| SQ Feet | 9,240 |
|---|---|
| Story(s) | 2 |
| Units | 12 |
| Zoning | Multi-Family |
| Acreage | 0.18 |
| Property | 7464 |
|---|
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Aberdeen |
| Zip Code | 98520 |
| Area | 198 Aberdeen |
| Community Name | Aberdeen |
| School District | J M Weatherwax High |
| Elementary School | Buyer To Verify |
| High School | J M Weatherwax High |
| Listing VS Median (in Aberdeen) | |
Price: $1,120,000 low | high Med: $300,000 sqft: 9,240 low | high Med: 2,085 $ / sqft: $121 low | high Med: $159 On site: 157 low | high Med: 213 | |
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Aberdeen |
| Zip Code | 98520 |
| Area | 198 Aberdeen |
| Community Name | Aberdeen |
| School District | J M Weatherwax High |
| Elementary School | Buyer To Verify |
| High School | J M Weatherwax High |
| Listing VS Median (in Aberdeen) | |
Price: $1,120,000 low | high Med: $300,000 sqft: 9,240 low | high Med: 2,085 $ / sqft: $121 low | high Med: $159 On site: 157 low | high Med: 213 | |
![]() | $998,500201 N F StreetAberdeen, WA 98520 |