Price Reduction
Listing Provided Courtesy Of:
Spivey Realty Group and NWMLS
611 E 1st Street Aberdeen, WA
$ 312,500
Property Attributes
  • ML#1738470
  • TypeMulti-Family
  • CityAberdeen
  • AreaAberdeen
  • NeighborhoodAberdeen
  • Zip98520
  • Style5-9 Units
  • Year Built1937
  • Taxes2079
  • Price$ 312,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3656
  • Lot Size7,501 SqFt
Listing Provided Courtesy Of:
Spivey Realty Group and NWMLS
Data Source:
Property Description

Investor alert! Six-unit complex in Aberdeen. Gross rents @ $2930 plus ~$100/month in 2 w/d coin-ops on site. 2 2-bed, 1 bath; 2 1-bed, 1 bath and 2 studio units. Property is very stable, no vacancy or delinquent rent (even with COVID) and has very low rents. 6% cap-rate as-is assumes prop management fees and leaves lots of room for growth via rent increases or value-adds. No flood zone. Invest in Aberdeen and grow your wealth at the same time!

Price History
3/8/2021 Listed $329,900
3/29/2021 6% - $312,500

General Features

Amenities Coin Op Laundry
Buildingareaunits Square Feet
Carport Spaces 1
Carport Y/N No
Exterior Features Wood
High School District Aberdeen
New Construction No
Open Parking Spaces 5
Property SubType Multi-Family
Property Type Residential Income
Roof Composition, Flat
Sewer Sewer Connected
Standard Status Active
Structure Type Multi Family
Subdivision Name Aberdeen
Tax Annual Amount 2079
Terms Cash Out, Conventional
Total Units 6
Units Below Grade false
Units In Building Total 6

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Power Production Type Electric

Exterior Features

Building Area Total 3656
Lot Features Paved
Lot Size Acres 0.1722
Lot Size Square Feet 7500
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 5
Total Parking 6
View Y/N No
Water Source See Remarks
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 98520

AVG $270K
AVG $1,912
AVG 17
Year Built
AVG 1930
AVG 74
Data Provided by Walkscore ® not using MLS data

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