Aberdeen, WA 98520,2320 Simpson AVE
Aberdeen, WA 98520,2320 Simpson AVE
Aberdeen, WA 98520,2320 Simpson AVE
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Listed by KW Greater Seattle
$599,000
Est. payment /mo
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3 Beds
9 Baths
3,038 SqFt
Active

2320 Simpson AVE Aberdeen, WA 98520

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,038 sqft

Price per Sqft $197

Subdivision West Aberdeen

MLS Listing ID 2315016

Style 55 - 5-9 Units

Bedrooms 3

Year Built 1953

Annual Tax Amount $3,181

Lot Size 5,663 Sqft

Lot Dimensions 50' x 115'

Property Sub-Type Multi Family

Property Description

9-unit apartment building with tons of upside potential! Opportunity to increase rents to market rate, add coin-op laundry and rent out the attached garage or turn into storage lockers for additional income. 5 of the units have been recently updated. Electrical was updated, wall heaters have been installed in each unit, and a newer hot water system was installed. Building exterior was recently painted. 7 units are studios, 1 is a one-bedroom and 1 is a two-bedroom unit. 8.5% CAP RATE with proforma rents!!

Location

State WA

County Grays Harbor

Area 198 - Aberdeen

Interior

Interior Features Laminate

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Gas Available, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools A J West Elem

Middle Schools Miller Jnr High

High Schools J M Weatherwax High

School District Aberdeen

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

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agent

Jeff Koch

Designated Broker | License ID: 20570

+1(253) 254-3600

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2320 Simpson AVE