220 W 4th Street, Aberdeen, WA 98520
- $650,000
- 4,802
- SqFt
Listing courtesy of John L. Scott Lacey.
- List Price
- $650,000
- Status
- ACTIVE
- MLS#
- 2549314
- Days on Market
- 229
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,802
- Area Total SqFt
- 4802
- Annual Tax Ammount
- 5707
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Exceptional turn-key 8-units multifamily investment opportunity in a desirable Aberdeen location, offering an attractive 8.8% capitalization rate and immediate cash flow. The property is 100% occupied, with most units thoughtfully updated to enhance tenant appeal and minimize future maintenance. An on-site coin operated laundry facility provides an additional source of income, further strengthening the property's investment potential. Conveniently located near schools, shopping, and major transportation routes this well maintained asset offers investors a stable income producing property and an excellent opportunity to expand or strengthen real estate portfolio.
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Additional Information
- List Date
- 2025-12-11 16:13:18
- Community
- Aberdeen
- Net Operating Income
- $59,303
- Gross Adjusted Income
- $92,625
- Gross Scheduled Income
- $97,500
- Total Monthly Income
- $8,125
- Insurance Expenses
- $6,500
- Water/Sewer/Garbage Expenses
- $10,000
- Gross Rent Multiplier
- 7.44
- Total Expenses
- $33,322
- Cap Rate
- 8.8
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 220
- Potential Terms
- Cash, Conventional
- Year Built
- 1903
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet
- Other Expenses
- 11115
- Energy Source
- Electric
- School District
- Aberdeen
- Elementary School
- Mcdermoth Elem
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,125
- Gross Scheduled Income
- $97,500
- Vacancy Rate
- 5
- Gross Adjusted Income
- $92,625
- Tax Year
- 2025
- Insurance Expense
- $6,500
- W/S/G Expenses
- $10,000
- Total Expenses
- $33,322
- Net Operating Income
- $59,303
- Gross Rent Multiplier
- 7.44
- Cap Rate
- 8.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.