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Listed by:BHGRE - Northwest Home Team • Jessica Poulos

$1,190,000

Est. payment - /mo

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12 Beds

6 Baths

5,808 SqFt

Pending

1111 W Market ST Aberdeen, WA 98520

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,808 sqft

Price per Sqft $204

Subdivision Aberdeen

MLS Listing ID 2511492

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1978

Annual Tax Amount $7,689

Lot Size 0.300 Acres

Property Sub-Type Multi Family

Property Description

Turnkey 8-Unit Investment Opportunity – Fully Updated & Professionally ManagedThis beautifully maintained 8-unit multifamily property offers investors a rare opportunity to acquire a truly hands-off asset with strong in-place income and extensive capital improvements already completed. Designed for long-term performance and low maintenance ownership, this building reflects consistent pride of ownership and quality upgrades throughout.Many units have been thoughtfully updated with durable luxury vinyl plank (LVP) flooring, fresh interior paint, and new water heaters, providing modern appeal while minimizing future capital expenses. Most units feature upgraded wall-mounted electric heating systems, enhancing efficiency and tenant comfort.Ownership has taken a proactive approach to maintenance, completing improvements as needed using only high-quality materials and workmanship. Exterior upgrades include new iron railings for each unit's patio, enhancing both safety and aesthetic appeal, along with a recently resurfaced parking lot featuring a new top coat and fresh striping, delivering excellent curb appeal and functionality.The property is professionally managed with rents already at or above current market levels, allowing a new owner to step into immediate, stabilized cash flow. Additional income streams include rentable storage closets and a coin-operated washer and dryer, further strengthening overall returns.This is a true turnkey investment

Location

State WA

County Grays Harbor

Area 198 - Aberdeen

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Patio

View Y/N No

Roof Type Torch Down

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools A J West Elem

High Schools Harbor High

School District Aberdeen

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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