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.
Sold
Listed by:
Michael Durham,
Keller Williams Rlty Bellevue
Bought with: NW Elite Home Brokers
$1,095,000
301 W 3rd Street, Aberdeen, WA 98520
--beds
--baths
10,000sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$110/sqft
$1,119 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,119/mo
Zestimate® history
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$1,119/mo
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$6,531/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:48am
Listed by:
Michael Durham,
Keller Williams Rlty Bellevue
Bought with:
Douglas Biggs, 22024418
NW Elite Home Brokers
Source: NWMLS as distributed by MLS GRID,MLS#: 2202164
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 10,000
- Total interior livable area: 10,000 sqft
Property
Parking
- Total spaces: 14
- Parking features: Open
- Uncovered spaces: 14
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 sqft
- Dimensions: 47 x 129 x 48 x 129
- Features: Cul-De-Sac, Curbs, Paved, Sidewalk
Details
- Parcel number: 029404700100
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Block, Poured Concrete, Slab
- Roof: Flat
Condition
- Year built: 1923
Utilities & green energy
- Electric: Company: Grays Harbor PUD
- Sewer: Sewer Connected, Company: City of Aberdeen
- Water: Public, Company: City of Aberdeen
Community & neighborhood
Location
- Region: Aberdeen
- Subdivision: Aberdeen
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 706 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $1,095,000$110/sqft |
Source:  NWMLS as distributed by MLS GRID #2202164 Report a problem | ||
| 3/4/2024 | Pending sale | $1,095,000$110/sqft |
Source: NWMLS as distributed by MLS GRID #2202164 Report a problem | ||
| 2/22/2024 | Listed for sale | $1,095,000+123.5%$110/sqft |
Source: NWMLS as distributed by MLS GRID #2202164 Report a problem | ||
| 9/11/2020 | Sold | $490,000-14.8%$49/sqft |
Source: NWMLS as distributed by MLS GRID #1601803 Report a problem | ||
| 8/28/2020 | Pending sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,242 +67.7% | $964,764 +48% |
| 2023 | $5,513 -16.4% | $651,684 |
| 2022 | $6,598 +21.5% | $651,684 +39.9% |
Find assessor info on the county website
Neighborhood: 98520
Nearby schools
GreatSchools rating
- 3/10Mcdermoth Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Harbor High SchoolGrades: 7-12Distance: 0.4 mi
- 3/10Aberdeen High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Robert Gray Elem
- Middle: Miller Jnr High
- High: J M Weatherwax High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Grays Harbor County
- Aberdeen
- 98520
- 301 W 3rd Street