$475,000

113 N Newell Street, Aberdeen, WA 98520

Multi-Family Home
Built in 1972
6,499sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

This listing courtesy of Kevin Spivey, Spivey Realty Group, LLC

Aberdeen Investment Opportunity! Rare 2,740 sq ft ~ 4-plex on the river! Well maintained and many recent renovations. Units 2 and 4 feature spacious decks overlooking the river—perfect for enjoying the views and abundant wildlife. Units 1 and 3 also have decks, but without river views. The property is ideally located near shopping and downtown. There is a four-car parking pad, previously with a carport, giving you the option to easily add covered parking again. Turn-key, professionally managed and ready for an easy hand-off to the next investor. 2 2-bed units, 2 1-bed units. Total gross income 4850/month! Cap rate of ~7.5% based on actual, not pro forma. Overall solid investment - set it and forget it!

Listing Status:: Active
Listing Office:: Spivey Realty Group, LLC : 360-519-6886
Listing Agent:: Kevin Spivey : 360-519-6886
MLS ID:: 2427716

Flooring: VinylCarpet
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

General: WoodWood Products
Parking: Parking spaces: 4

Roofing: Composition
General: 54 - 4-PlexPillar/Post/Pier

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Aberdeen
County: Grays Harbor

Zoning: 010102600700
View: CityRiverView

Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Kevin Spivey, Spivey Realty Group, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Grays Harbor Academy

216 N G St, Aberdeen, WA, 98520

Grades 3-12

0.40 miles away

Grays Harbor Academy

216 N G St, Aberdeen, WA, 98520

Grades 3-12

0.40 miles away

Grays Harbor Academy

216 N G St, Aberdeen, WA, 98520

Grades 3-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.