Presented by: Spivey Realty Group, LLC and NWMLS
Property Description
Awesome investment opportunity heading up Broadway Hill! This versatile 4-plex features a large studio, two 2-bedroom units, and one 3-bedroom unit offering a great unit mix to maximize rental appeal. Located out of the flood zone with solid rents hitting the 1% rule, this property is already performing. Recent updates include new gutters and turned units, making it a strong, income-producing asset with great rental profit. Selling alone or as a package deal with 521 W. 3Rd, and 215 E 1st street, In Aberdeen.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories3
General
AmenitiesBasement
Building Area Units0 sqft
Cap Rate8.63
Carport Spaces0
Carport Y/NNo
CityAberdeen
CoolingForced Air
CountyGrays Harbor
DirectionsGPS
Electric Expense2929
Elementary SchoolMcdermoth Elem
Fuel Expense2100
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air, Heat Pump, Wall Furnace
High SchoolJ M Weatherwax High
High School DistrictAberdeen
Insurance Expense3000
Leasable Area4,200 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet6,534 sqft
Lot Size UnitsSquare Feet
MLS Area198 - Aberdeen
Middle/Junior High SchoolMiller Jnr High
NWM_ShowMapLinkY
Net Operating Income39674
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionAverage
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAwesome investment opportunity heading up Broadway Hill! This versatile 4-plex features a large studio, two 2-bedroom units, and one 3-bedroom unit offering a great unit mix to maximize rental appeal.
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameBroadway Hill
Tax Annual Amount$2,904
Tax Year2026
Units Below Gradefalse
Units In Building Total4
ViewCity
Virtual TourClick here
Water CompanyCity of Aberdeen
Water Sewer Garbage6108
Year Built1907
Zoning DescriptionMulti-Family
Exterior
Building Area Total4,860 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Paved, Sidewalk
Lot Size Acres0.15
Parking Uncovered Total4
Site FeaturesDeck, Gas Available
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
J M Weatherwax High
Middle School
Miller Jnr High
Elementary School
Mcdermoth Elem