307 N E Street, Aberdeen, WA 98520

$482,000
2,992
SqFt

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Listing courtesy of Group 7 Inc., Real Estate Serv.

List Price
$482,000
Status
ACTIVE
MLS#
2493620
Price Change
▼ $6,000 1775777657
Days on Market
131
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,992
Area Total SqFt
2992
Annual Tax Ammount
2926
Lot Size (sq ft)
5,600
Sewer
Sewer Connected

Property Description

Great 4-plex investment opportunity! Positive cash flow. Rarely a vacancy. Clean 2-story building. Extensively updated in 2013 including roof and foundation. Vinyl windows. Each unit metered separately for power. Conveniently located in high tenant sought after central Aberdeen location; close to shopping, restaurants and most necessary services. Bus stop nearby. A great property for your portfolio or owner occupant with low down payment options.

Additional Information

List Date
2026-03-17 18:43:11
Community
East Aberdeen
Net Operating Income
$34,448
Gross Adjusted Income
$45,600
Gross Scheduled Income
$45,600
Total Monthly Income
$3,800
Insurance Expenses
$2,610
Water/Sewer/Garbage Expenses
$6,000
Gross Rent Multiplier
11
Total Expenses
$11,536
Cap Rate
6
Total Number of Units
4
Unit Name
307
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1908
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet
Energy Source
Electric
School District
Aberdeen
Elementary School
Buyer To Verify
Middle School
Miller Jnr High
High School
J M Weatherwax High
Total Monthly Income
$3,800
Gross Scheduled Income
$45,600
Gross Adjusted Income
$45,600
Tax Year
2026
Insurance Expense
$2,610
W/S/G Expenses
$6,000
Total Expenses
$11,536
Net Operating Income
$34,448
Gross Rent Multiplier
11
Cap Rate
6
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.
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