Spivey Realty Group, LLC
About 113 N Newell Street
Aberdeen Investment Opportunity! Rare 2,740 sq ft ~ 4-plex on the river! Well maintained and many recent renovations. Units 2 and 4 feature spacious decks overlooking the river—perfect for enjoying the views and abundant wildlife. Units 1 and 3 also have decks, but without river views. The property is ideally located near shopping and downtown. There is a four-car parking pad, previously with a carport, giving you the option to easily add covered parking again. Turn-key, professionally managed and ready for an easy hand-off to the next investor. 2 2-bed units, 2 1-bed units. Total gross income 4850/month! Cap rate of ~7.5% based on actual, not pro forma. Overall solid investment - set it and forget it!
Features of 113 N Newell Street
| MLS® # | 2427716 |
|---|---|
| Price | $475,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,740 |
| Acres | 0.15 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 113 N Newell Street |
|---|---|
| Area | 198 - Aberdeen |
| Subdivision | Aberdeen |
| City | Aberdeen |
| County | Grays Harbor |
| State | WA |
| Zip Code | 98520 |
Amenities
| Parking Spaces | 4 |
|---|---|
| View | City, River |
| Is Waterfront | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Lot Description | Corner Lot, Paved |
| Foundation | Pillar/Post/Pier |
School Information
| District | Aberdeen |
|---|
Additional Information
| Days on Market | 60 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Spivey Realty Group, LLC |
|---|