801 -807 E 1st Street, Aberdeen, WA 98520

$329,000
2,464
SqFt

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Listing Broker: Spivey Realty Group, LLC; Chris Pierog; 360-581-0167; chris@spiveyrealtygroup.com

List Price
$329,000
Status
ACTIVE
MLS#
2599573
Style
54 - 4-Plex
Building Condition
Updated/Remodeled
Finished SqFt
2,464
Area Total SqFt
2464
Annual Tax Ammount
2752.7
Lot Size (sq ft)
7,000
Sewer
Sewer Connected

Property Description

Not one, not two, not three, but FOUR homes for the price of one! This unique fourplex features four individual homes on one lot, each with its own fenced yard, plus a garage behind the homes. Two units are freshly remodeled, vacant, and ready to rent. A third needs freshening up, offering an opportunity to build value, while the fourth is occupied with a newly signed lease. Updates include LVP flooring, new light fixtures, and fresh interior and exterior paint on one home. Looking to house hack by living in one and renting the others to help cover your mortgage, or add to your investment portfolio? With separate homes, private yards, and room to build value, this property brings opportunity!

Additional Information

Community
Aberdeen
Net Operating Income
$6,204
Gross Adjusted Income
$49,104
Gross Scheduled Income
$52,800
Total Monthly Income
$13,200
Insurance Expenses
$2,672
Gross Rent Multiplier
6.23
Total Expenses
$6,995
Cap Rate
12.63
Vacancy Rate
7
Total Number of Units
4
Unit Name
801 -807
Potential Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Year Built
1904
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, RV Parking
Other Expenses
1570
Energy Source
Electric
School District
Aberdeen
Elementary School
A J West Elem
Middle School
Miller Jnr High
High School
J M Weatherwax High
Total Monthly Income
$13,200
Gross Scheduled Income
$52,800
Vacancy Rate
7
Gross Adjusted Income
$49,104
Tax Year
2026
Insurance Expense
$2,672
Total Expenses
$6,995
Net Operating Income
$6,204
Gross Rent Multiplier
6.23
Cap Rate
12.63
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.

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