MLS #2427716 / Listing provided by NWMLS & Spivey Realty Group.
$475,000
113 N Newell Street
Aberdeen,
WA
98520
Sq Ft
Per Sq Ft
Year Built
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!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 4
- Uncovered Parking Spaces: 4
- Open Parking Spaces: 4
Structure
- Roof: Composition
- Exterior Features: Wood, Wood Products
- Foundation: Pillar/Post/Pier
Lot Details
- Lot Features: Corner Lot, Paved
- Acres: 0.1492
- Foundation: Pillar/Post/Pier
Schools
- High School District: Aberdeen
Lot Details
- Lot Features: Corner Lot, Paved
- Acres: 0.1492
- Foundation: Pillar/Post/Pier
Power
- Energy Source: Electric
- Power Company: GH PUD
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Company: City of Aberdeen
- Water, Sewer, and Garbage: 5535.84

Katy Milasich-Brown
Broker | REALTOR®
Send Katy Milasich-Brown an email