New ListingStrong 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!
| MLS # | 2582435 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 5 |
| Listing Provided By | Spivey Realty Group, LLC | Kevin Spivey |
| SQ Feet | 4,802 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Zoning | Multi-Family |
| Acreage | 0.12 |
| Property | 4577 |
|---|
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Aberdeen |
| Zip Code | 98520 |
| Area | 198 Aberdeen |
| Community Name | Aberdeen |
| Listing VS Median (in Aberdeen) | |
Price: $599,000 low | high Med: $300,000 sqft: 4,802 low | high Med: 2,085 $ / sqft: $125 low | high Med: $159 On site: 5 low | high Med: 216 | |
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Aberdeen |
| Zip Code | 98520 |
| Area | 198 Aberdeen |
| Community Name | Aberdeen |
| Listing VS Median (in Aberdeen) | |
Price: $599,000 low | high Med: $300,000 sqft: 4,802 low | high Med: 2,085 $ / sqft: $125 low | high Med: $159 On site: 5 low | high Med: 216 | |