2320 Simpson Avenue, Aberdeen, WA 98520
- $850,000
- 3,038
- SqFt
Listing courtesy of List4FlatFee.com, LLC.
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 2564295
- Days on Market
- 0
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 3,038
- Area Total SqFt
- 3038
- Annual Tax Ammount
- 4284
- Lot Size (sq ft)
- 5,750
- Sewer
- Sewer Connected
Property Description
Recently updated, 10-unit complex. New windows, new siding, new exterior paint. Two units, 1 & 10, have been fully updated with new flooring, fixtures, cabinets, and countertops. Units 2, 3, 5, & 6 are ready to begin updates. Price reflects these units still needing updating. There is plenty of room for continued rent increases as updates are completed. This property is centrally located and right on the bus line for easy public transportation
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Additional Information
- List Date
- 2026-08-05 00:01:19
- Community
- Aberdeen
- Net Operating Income
- $55,488
- Gross Adjusted Income
- $84,480
- Gross Scheduled Income
- $109,800
- Total Monthly Income
- $7,040
- Insurance Expenses
- $4,056
- Water/Sewer/Garbage Expenses
- $15,792
- Gross Rent Multiplier
- 7.74
- Total Expenses
- $28,992
- Cap Rate
- 6.5
- Vacancy Rate
- 5
- Total Number of Units
- 10
- Unit Name
- 2320
- Potential Terms
- Cash, Conventional
- Year Built
- 1953
- Roof
- Composition
- Electric Expenses
- 3900
- Other Expenses
- 960
- Energy Source
- Electric
- School District
- Aberdeen
- Total Monthly Income
- $7,040
- Gross Scheduled Income
- $109,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $84,480
- Tax Year
- 2026
- Insurance Expense
- $4,056
- W/S/G Expenses
- $15,792
- Total Expenses
- $28,992
- Net Operating Income
- $55,488
- Gross Rent Multiplier
- 7.74
- Cap Rate
- 6.5
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.