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Listed by:Spivey Realty Group, LLC • Kevin Spivey
$594,900
Est. payment /mo
8 Beds
3 Baths
4,209 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,209 sqft
Price per Sqft $141
Subdivision Aberdeen
MLS Listing ID 2421166
Style 53 - Tri-plex
Bedrooms 8
Year Built 1904
Annual Tax Amount $3,210
Lot Size 9,148 Sqft
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity! Fully occupied! Viewing after mutual acceptance! Unit 1 2300/mo, Unit 2 1350, Unit 3 1600. Assumable loan with 100k down, OAC (25 year am, 6% interest, 3500/mo)! 2 of the 3 rents cover the mortgage! Live in one, rent the others out while building equity and living practically for free. Add instant equity, cash flowing property to your portfolio without a bank to do it! 8.86% cap rate. The spacious main-floor unit offers 1,633 sq ft with 3 bedrooms and 1 bath and is currently available. The middle floor features 1,491 sq ft with 3 bedrooms and 1 bath, while the top unit offers 1,042 sq ft with 2 bedrooms and 1 bath—both upper units have reliable long-term tenants in place. Unit 3 also boasts a balcony with a water view. A detached three-stall garage provides covered parking or storage for each tenant, plus additional off-street parking. A brand-new roof has just been installed, adding extra value and peace of mind. Ideally located near the downtown core, with easy access to schools, and shopping - and outside the flood plain!
Location
State WA
County Grays Harbor
Area 198 - Aberdeen
Interior
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Garage Spaces 3.0
Amenities Available Deck, Outbuildings
View Y/N Yes
View City
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Aberdeen
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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