Listed by Spivey Realty Group, LLC, Bought with Better Properties Kitsap
NOT LISTED FOR SALE

611 E 1st St Aberdeen, WA 98520

-- Bed
-- Bath
3,656 Sq Ft
7,500 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $295,000 $81 Per Sq Ft

44 Days on Market

About This Home

As of May 2021

Investor alert! Six-unit complex in Aberdeen. Gross rents @ $2930 plus ~$100/month in 2 w/d coin-ops on site. 2 2-bed, 1 bath; 2 1-bed, 1 bath and 2 studio units. Property is very stable, no vacancy or delinquent rent (even with COVID) and has very low rents. 6% cap-rate as-is assumes prop management fees and leaves lots of room for growth via rent increases or value-adds. No flood zone. Invest in Aberdeen and grow your wealth at the same time!

Last Agent to Sell the Property

Kevin Spivey

Spivey Realty Group, LLC License #27308 Listed on: 03/07/2021

Last Buyer's Agent

Stanley Yeadon

Better Properties Kitsap License #139221

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1738470

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1937

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,656 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Aberdeen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014000101500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,079

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1937
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3656
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 7150

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Aberdeen

Lot Info

  • Parcel Number: 014000101500
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3030

Multi Family

  • Gross Scheduled Income: 36360
  • Net Operating Income: 19673
  • Number Of Units Total: 6
  • Electric Expense: 2521
  • Insurance Expense: 2837
  • Leasable Area: 3656
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2079

Range of Values:

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List Price
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
05/14/2021 05/14/21 Sold $295,000 -5.6% $81 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $312,500 -5.3% $85 / Sq Ft
03/19/2021 03/19/21 For Sale $329,900 0.0% $90 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $329,900 +252.8% $90 / Sq Ft
02/28/2013 02/28/13 Sold $93,500 0.0% --
01/16/2013 01/16/13 Pending -- -- --
10/09/2012 10/09/12 For Sale $93,500 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Spivey

    Seller's Agent in 2021

    Kevin Spivey

    Spivey Realty Group, LLC

    (360) 589-1785

    463 Total Sales

    Kevin Spivey
    Section Image

  • S

    Buyer's Agent in 2021

    Stanley Yeadon

    Better Properties Kitsap

    (360) 710-8815

    42 Total Sales

    Stanley Yeadon
    Section Image
  • Eamonn Noonan

    Seller's Agent in 2013

    Eamonn Noonan

    Pellego, Inc.

    (206) 234-4663

    30 Total Sales

    Eamonn Noonan
    Section Image

  • B

    Buyer's Agent in 2013

    Bill Bonney

    Windermere Corporate

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1738470

Northwest Multiple Listing Service (NWMLS)

APN: 014000101500

Washington Grays Harbor County Aberdeen 98520

611 E 1st St, Aberdeen, WA

This home is located at 611 E 1st St, Aberdeen, WA 98520 since 07 March 2021. This property was built in 1937. 611 E 1st St is a home located in Grays Harbor County with nearby schools including Robert Gray Elementary School, Miller Junior High School, and J.M. Weatherwax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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