215 E 1st Street, Aberdeen, WA 98520

Courtesy of Spivey Realty Group, LLC

$1,120,000
9,240
SqFt

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List Price
$1,120,000
Status
ACTIVE
Days on Market
148
Price Change
▼ $30,000 1780978366
MLS#
2508321
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1924
Living Area
9,240
Lot Size
7,841
Acres
0.18
Subdivision
Aberdeen
Neighborhood
Aberdeen
MLS Area Major
Aberdeen

Property Description

Hard to find 12-unit apartment building featuring a strong mix of 2 studio units and 10 one-bedroom units. This well maintained property has had recent updated, offering improved condition, modern appeal, and reduced immediate capital needs.It’s producing strong in-place rental numbers, with the rents hitting the 1% rule makes this a solid cash flow type deal for investors looking for performance right away.The seller is also currently offloading 521 W 3rd Street and 107 W 4th Street in Aberdeen, so there’s potential to look at all 3 properties together for a deal or package opportunity.

Additional Information

Exterior Features
Wood
Property Description
56 - 10+ Units
Flooring
Vinyl, Carpet
Heating
Wall Furnace
Air Conditioning
None
Roof
Flat, Torch Down
School District
Aberdeen
Elementary School
Buyer To Verify
Middle School
Miller Jnr High
High School
J M Weatherwax High
Based on information submitted to the MLS GRID as of . 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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