Introducing a 14-unit apartment building comprising 11 one-bedroom units, 2 studios, and 1 two-bedroom residence. Recently upgraded with a new roof and siding. This building has great cash flow and minimal vacancies. Currently below market rates, rents present an opportunity for significant increase through cosmetic upgrades. Unlock the full earning potential of this prime investment opportunity located just 60 minutes from Olympia, WA. 9.2 Cap based on 2 vacancies being filled which we have applications in hand.
Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
Last checked:
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Last updated Apr 30, 2024
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MLS# 2202164 —
The Building
Year Built:
1923
New Construction:
false
Building Name:
47
Structure Type:
Multi Family
Exterior Features:
Wood, Wood Products
Roof:
Flat
Units In Building Total:
14
Foundation Details:
Block, Poured Concrete, Slab
# of Units Total:
14
Stories Total:
2
Building Area Total:
10000
Building Area Units:
Square Feet
Calculated SqFt:
10000
SqFt Source:
Realist
Interior
Interior Features:
Wall to Wall Carpet
Flooring:
Vinyl, Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Other
Location
Latitude:
46.975905
Longitude:
-123.823788
Directions:
North on Broadway to 3rd, left on West 3rd to 301 W 3rd. Building on left.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
029404700100
Lot Number:
1
Lot Features:
Alley, Cul-De-Sac, Curbs, Paved, Sidewalk
Lot Size Units:
Square Feet
Lot Size Dimensions:
47x129x48x129
Lot Size Acres:
0.15
Lot Size SqFt:
6534
Lot Size Source:
Realist
Zoning Class:
Multi-Family,Residential
Zoning Jurisdiction:
City
View:
Territorial
View:
true
Waterfront:
false
Possible Use:
Multi-Family, Residential
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 454-0911
Office phone:
(425) 454-0911
Taxes
Tax Year:
2024
Tax Annual Amount:
6598
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Wall Unit(s)
Utilities
Water Company:
City Of Aberdeen
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
City Of Aberdeen
Power Company:
Grays Harbor Pud
Water Sewer Garbage:
16429
Schools
Elementary School:
Robert Gray Elem
Middle Or Junior School:
Miller Jnr High
High School:
J M Weatherwax High
High School District:
Aberdeen
The Community
Subdivision Name:
Aberdeen
Amenities:
Coin Op Laundry
Senior Community:
false
Association:
false
Parking
Parking Total:
14
Parking Uncovered Spaces:
14
Open Parking:
true
Open Parking Spaces:
14
Carport:
false
Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
4/30/24
Apr 30, 2024
Sold
NWMLS
$1,095,000
3/4/24
Mar 4, 2024
Pending
NWMLS
$1,095,000
2/22/24
Feb 22, 2024
Listed / Active
NWMLS
$1,095,000
212.9% (29.1% / YR)
Finding records…
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No additional history available
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Multifamily
Sold
on 4/30/2024
$1,095,000
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Listing courtesy of NWMLS / Keller Williams Rlty Bellevue
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Keller Williams Rlty Bellevue and should be verified by the buyer.
Checking…
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Last updated Apr 30, 2024
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