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301 W 3rd Street

Aberdeen, WA 98520
  • $1,095,000
  • STATUS: Pending
  • ID#: 2202164
Under Contract
$1,095,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,000
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Keller Williams Rlty Bellevue.
Mortgage Calculator is provided by BoomTown.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-19T15:42:19.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-19T15:42:19.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.costelloteam.com/homes/147839834
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301 W 3rd Street Aberdeen, WA 98520

  • Price: $1,095,000
  • Status: Pending
  • On Site: Days
  • ID#: 2202164
0
Beds
0
Baths
0
½ Baths
0.15
Acres
10,000
SQFT
$110
$/SQFT
1923
Built
Neighborhood:
Aberdeen
County:
Grays Harbor
Area:
Aberdeen
Elementary School:
Robert Gray Elem
Middle School:
Miller Jnr High
High School:
J M Weatherwax High
School District:
Aberdeen
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features AlleyCul-De-SacCurbsPavedSidewalk Lot Size Dimensions 47x129x48x129 Open Parking Spaces 14 Open Parking YN Yes Parking Total 14 Parking Uncovered Spaces 14 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 10000 Cooling None Cooling YN No Fireplace YN No Flooring VinylCarpet Heating Wall Unit(s) Heating YN Yes Interior Features Wall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Association Fee 0 Association YN No Building Name 47 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details BlockPoured ConcreteSlab Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 1 Net Operating Income 101211 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Company Grays Harbor PUD Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Aberdeen Special Listing Conditions None Tax Annual Amount 6598 Tax Year 2024 Units In Building Total 14 Water Company City of Aberdeen Water Source Public Zoning Class Multi-FamilyResidential Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-19T15:42:19.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-19T15:42:19.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Keller Williams Rlty Bellevue.
Mortgage Calculator is provided by BoomTown.