215 E 1st St

Aberdeen, WA 98520
  • $289,900
  • STATUS: Active
  • ON SITE: 289 days
  • ID#: 1025442
UPDATED: 46 min ago
$289,900
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,240
    SQFT
  • $31
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Olympic Realty 2000, Inc.

Description

Commercial investment opportunity in revitalizing town! 12 units, all rented. Well below tax assessed value! Three types of units:2XStudio, 9X1-Bedroom, 1XXL 1 bedroom. Renting for $475,$495, and $525/month, respectively. Excellent and immediate return on investment! Run the numbers - it's a no-brainer!

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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-23T14:20:33.947.

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www.home4investment.com/homes/66307550

215 E 1st St Aberdeen, WA 98520

  • Price: $289,900
  • Status: Active
  • Updated: 46 min ago
  • ID#: 1025442
0
Beds
0
Baths
0
½ Baths
0.18
Acres
9,240
SQFT
$31
$/SQFT
1924
Built
Neighborhood:
Aberdeen
County:
Grays Harbor
Area:
Aberdeen
Elementary School:
Buyer To Verify
Middle School:
Miller Jnr High
High School:
J M Weatherwax High
School District:
Aberdeen
Property Description
Commercial investment opportunity in revitalizing town! 12 units, all rented. Well below tax assessed value! Three types of units:2XStudio, 9X1-Bedroom, 1XXL 1 bedroom. Renting for $475,$495, and $525/month, respectively. Excellent and immediate return on investment! Run the numbers - it's a no-brainer!
Exterior Features

Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyPaved Street Roof Built-Up Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 5 Uncovered Spaces 5

Interior Features

Floor Covering Wall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Bank Owned No Cap Rate 12.00 Electrical Expenses 4254 Energy Source Electric EPSEnergy 0 Form17 Not Provided Gross Adjusted Income 56448 Gross Rent Multiplier 4 Gross Scheduled Income 70560 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3752 Leased Items None Lot Number 3- Ely 10' Of 4 Net Operating Income 35785 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Gh Pud Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Tax Amount 6367 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 20663 Total Expenses TEX 20663 Total Monthly Income 4704 Unit1 Monthly Rent 0 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 20 Water Company City Water Sewer Garbage 6024 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-23T14:20:33.947.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Olympic Realty 2000, Inc.