$445,900

8 Beds 4 Baths 2,592 SQFT 0.15 Acres
Type: Multi-Family

309 E 2nd
Aberdeen, WA 98520

MLS#: 2554246
Presented by: WEICHERT, Realtors Reynolds RE and NWMLS

Property Description

 

This is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month to month agreements. Lots of work and updates have been done over the years leaving the future owner with low maintenance costs. Fresh exterior paint, lots of new siding, new porch, new entry doors, 3 of the units have been remodeled in the last 2 years, detached shed with W/D hook up for potential supplemental income, all new exterior electrical from meters to utility pole.


 

Interior Features

Bedrooms

Bedrooms Possible4
Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Building NameWax and Benns
Cap Rate6.8
Carport Spaces0
Carport Y/NNo
CityAberdeen
CoolingNone
CountyGrays Harbor
DirectionsFrom Olympia, US-101 North to US-12 to E. Wishkah Street then left on S I Street then right onto E 2nd Street, the building will be on your left
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictAberdeen
Insurance Expense3493
Leasable Area2,592 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet6,534 sqft
Lot Size UnitsSquare Feet
MLS Area198 - Aberdeen
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income30596
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month t
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameAberdeen
Tax Annual Amount$2,482
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewCity
Water CompanyGrays Harbor County
Water Sewer Garbage5775
Year Built1976
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,592 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions51x128x49x128
Lot FeaturesAlley
Lot Number4
Lot Size Acres0.15
Parking Uncovered Total4
Site FeaturesCable TV, High Speed Internet
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School

  

Similar Properties

$445,900

8 Beds 4 Baths 2,592 SQFT 0.15 Acres
Type: Multi-Family

309 E 2nd
Aberdeen, WA 98520

MLS#: 2554246