818 E 1st St, Aberdeen, WA 98520

$229,000
1,836
SqFt

Listing courtesy of Northwest Home Team Realty.

List Price
$229,000
Status
ACTIVE
MLS#
1753708
Days on Market
12
Style
53 - Tri-plex
Finished SqFt
1,836
Lot Size (sq ft)
6,890

Property Description

Investor alert! What a great opportunity in the CITY OF ABERDEEN. This well-established triplex generates $1,525/month in rent. Long term tenants that rent below market with lots of room for growth via rent increases or value-adds. Two 2-bed, 1 bath; One 1-bed, 3/4 bath. Tenants are on month to month. Showing/inspection upon mutual acceptance. Property is being "sold as is". Located within special flood hazard area, Buyer to verify to own satisfaction.

Additional Information

List Date
2021-04-07 00:00:00
Community
Aberdeen
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1897
Total Parking
2
Uncovered Parking
2
Exterior
Wood
Roof
Composition
Lot Details
Alley, Corner Lot, Curbs, Paved Street, Sidewalk
School District
Aberdeen
Total Monthly Income
$1,525
Gross Scheduled Income
$18,300
Vacancy Rate
5
Gross Adjusted Income
$17,385
Annual Taxes
$1,248
Tax Year
2020
Insurance Expense
$1,000
W/S/G Expenses
$2,340
Total Expenses
$4,588
Net Operating Income
$12,797
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
667
Unit 1 Rent
$550
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
667
Unit 2 Rent
$550
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
500
Unit 3 Rent
$425
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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