Listed by Spivey Realty Group, LLC, Bought with eXp Realty
NOT LISTED FOR SALE

303 E 2nd St Aberdeen, WA 98520

-- Bed
-- Bath
9,368 Sq Ft
0.3 Acres

Last Sold April 15, 2022

Last sale price $1,175,000 $125 Per Sq Ft

12 Days on Market

Highlights

  • Corner Lot
  • Vinyl Plank Flooring
  • Wood Siding
  • No HOA
  • High Speed Internet
  • 3-minute walk to Aberdeen Parks & Recreation

About This Home

As of April 2022

12-unit apartment complex with 1 one-bedroom unit behind coin-op laundry ground floor to left, occupied by the site Manager. Building was constructed in 1976 and sits on a solid concrete foundation. West-facing wall was replaced about 5 years ago, roof was completely replaced in 2008 and front stairs on both sides and walkway were removed and replaced around 2010. Approximately 50% of windows in building have been replaced in the last 10 years. Manager has been in place for 15 years and many of the current tenants are long-term. 8 units are currently paying $1,000 a month,Manager pays $550, one unit is in eviction process, One unit is rented at $900. Total rental income is $9,450/month plus coin-op $1500+ yearly. Cash offers only.Good luck!

Last Agent to Sell the Property

Chris Pierog

Spivey Realty Group, LLC License #136693 Listed on: 02/25/2022

Last Buyer's Agent

Nicholas Bickar

eXp Realty License #134480

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1894338

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,637

Year Built

  • Built in 1976

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 9,368 Sq Ft Home
  • 3-Story Property

Flooring

  • Vinyl Plank
  • Vinyl

Parking

  • 18 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Aberdeen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029300200500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,637

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1976
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9368
  • SOCComments: Half of total
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 18
  • Open Parking: Yes
  • Total Parking Spaces: 18
  • ParkingUncoveredSpaces: 18

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 13944

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Aberdeen

Lot Info

  • Parcel Number: 029300200500
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9.91
  • LeasedItems: None
  • TotalMonthlyIncome: 9450

Multi Family

  • Gross Scheduled Income: 113400
  • Net Operating Income: 87373
  • Number Of Units Total: 12
  • Electric Expense: 1320
  • Insurance Expense: 5125.57
  • Leasable Area: 9348
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 7

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5637.04

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
04/15/2022 04/15/22 Sold $1,175,000 0.0% $125 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $1,175,000 -- $125 / 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: 1894338

Northwest Multiple Listing Service (NWMLS)

APN: 029300200500