301 W 3rd Street , Aberdeen, WA 98520

WA, Aberdeen
$1,095,000
  • 10,000 Sqft
  • Residential Income Property Type
  • 1923 Year Built
  • Closed Status
Property Description

Introducing a 14-unit apartment building comprising 11 one-bedroom units, 2 studios, and 1 two-bedroom residence. Recently upgraded with a new roof and siding. This building has great cash flow and minimal vacancies. Currently below market rates, rents present an opportunity for significant increase through cosmetic upgrades. Unlock the full earning potential of this prime investment opportunity located just 60 minutes from Olympia, WA. 9.2 Cap based on 2 vacancies being filled which we have applications in hand.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2202164
  • Price: $1,095,000
  • View: Territorial
  • Square Footage: 10,000 Sqft
  • Year Built: 1923
  • Lot Area: 0.15 Acre
  • Status: Closed
  • Office Name: Keller Williams Rlty Bellevue
  • Agent Name: Michael Durham
  • Property Sub Type: Multi-Family
  • Roof: Flat
Features
  • Heating System Wall Unit(s)
  • Cooling System None
  • Exterior Features Wood, Wood Products
  • Flooring Carpet, Vinyl
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Aberdeen
  • Zipcode 98520
  • Street: 3rd
  • Street Number: 301
  • Street Suffix: Street
  • Longitude: W124° 10' 34.4''
  • Latitude: N46° 58' 33.3''
  • Directions: North on Broadway to 3rd, left on West 3rd to 301 W 3rd. Building on left.
  • Mls Area Major: 198 - Aberdeen
  • Street Dir Prefix: W
Neighborhood
  • Elementary School: Robert Gray Elem
  • High School: J M Weatherwax High
  • High School District: Aberdeen
  • Middle School: Miller Jnr High
Additional Information
  • Lot Size Dimensions: 47x129x48x129
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2024-02-22
  • Number Of Units Total: 14
  • Lot Features: Paved, Curbs, Sidewalk, Cul-De-Sac, Alley
  • Foundation Details: Poured Concrete, Slab, Block
Financial
  • Tax Annual Amount: 6598
Listing Information
  • List Agent Mls Id: 115085
  • List Office Mls Id: 5243
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:48:24Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-04-30T22:22:31Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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