109 N Washington Street, Aberdeen, WA 98520

$397,500
1,764
SqFt

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Listing courtesy of Windermere RE/Himlie.

List Price
$397,500
Status
ACTIVE
MLS#
2554348
Days on Market
325
Style
53 - Tri-plex
Finished SqFt
1,764
Area Total SqFt
1764
Annual Tax Ammount
2799
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Triplex in the Heart of Aberdeen – Investment Opportunity or Multi-Family Living! Investor alert or the perfect opportunity for multi-family living! This beautifully updated triplex is ideally located in the heart of Aberdeen, just minutes from shopping, dining, parks, and schools, while being safely situated outside the flood zone. The property features: • Two spacious 2-bedroom, 1-bath units • One charming 1-bedroom, 1-bath loft-style unit • Private decks for each unit • Newer flooring in 2 units • Updated electrical systems with brand-new panels With a convenient central location, strong rental potential, and thoughtful improvements already completed, this triplex offers an excellent opportunity to build passive income or live in one unit while renting the others. Whether you’re an investor looking to expand your portfolio or seeking a flexible living arrangement, this property delivers versatility, value, and long-term potential in a growing Aberdeen community. Don’t miss your chance to own a solid, income-producing property in a desirable location!

Additional Information

List Date
2025-09-06 16:43:12
Community
Aberdeen
Net Operating Income
$36,600
Gross Adjusted Income
$43,800
Gross Scheduled Income
$43,800
Total Monthly Income
$3,650
Insurance Expenses
$3,600
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
9.07
Total Expenses
$9,999
Cap Rate
9.2
Total Number of Units
3
Unit Name
109
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1900
View
City, Territorial
Roof
Composition
Site Features
Deck, Dog Run, RV Parking
Energy Source
Electric
School District
Aberdeen
Total Monthly Income
$3,650
Gross Scheduled Income
$43,800
Gross Adjusted Income
$43,800
Tax Year
2026
Insurance Expense
$3,600
W/S/G Expenses
$3,600
Total Expenses
$9,999
Net Operating Income
$36,600
Gross Rent Multiplier
9.07
Cap Rate
9.2
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.
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