NOT LISTED FOR SALE

1111 W Market St Aberdeen, WA 98520

-- Bed
-- Bath
5,808 Sq Ft
0.3 Acres

Last Sold September 28, 2023

Last sale price $1,025,000 $176 Per Sq Ft

72 Days on Market

Highlights

  • Territorial View
  • Vinyl Plank Flooring
  • Wood Siding
  • No HOA

About This Home

As of September 2023

Quality multi-family investment opportunity with a great cap rate and potential for future growth. If you are looking for a turn-key investment this is the one for you. All exterior maintenance has been completed and many interior upgrades done. Updated units include: flooring, paint, cabinets, quartz countertops, vanities, fixtures & so much more. Storage area is plumbed for coin-op laundry and could provide for additional income. Additional storage areas located on the property could also be rented for additional income.

Last Listed By

Drew Helms

eXp Realty License #131425 Listed on: 06/01/2023

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2075436

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.3

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,808 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 19 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • 0.3 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Aberdeen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011000600500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,139

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1978
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5808
  • Special Features: None
  • Cumulative Days on Market: 313

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 11
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 19
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: City of Aberdeen
  • WaterCompany: City of Aberdeen
  • WaterSewerGarbage: 10081.2

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Aberdeen
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 011000600500
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9.6
  • LeasedItems: None
  • TotalMonthlyIncome: 9550

Multi Family

  • Gross Scheduled Income: 114600
  • Net Operating Income: 96474
  • Number Of Units Total: 8
  • Electric Expense: 660
  • Insurance Expense: 2245.42
  • Leasable Area: 5808
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5139.4

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,025,000 -2.4% $176 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $1,050,000 -4.5% $181 / Sq Ft
06/01/2023 06/01/23 For Sale $1,100,000 -- $189 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2075436

Northwest Multiple Listing Service (NWMLS)

APN: 011000600500