2320 Simpson Avenue, Aberdeen, WA 98520

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2320 Simpson Avenue, Aberdeen, WA 98520

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Courtesy of: Stacey A. Brower | KW Greater Seattle
$625,000 Aberdeen, WA 98520
  • 0.13 Acres
  • Grays Harbor County

Key Features

  • MLS ID: 2315016
  • Year Build: 1953
  • Status: Active
  • Property Type: Residential Income
  • Area: 198 - Aberdeen
  • Exterior: ["Wood","Wood Products"]
  • Address: 2320 Simpson Avenue , Aberdeen, WA 98520
  • City: Aberdeen
  • State: WA
  • Zip: 98520
  • County: Grays Harbor

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!!

Property Map

On the NE corner of N Maple St & Simpson Ave.

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