$675,000 Price Analysis   ♡   Aberdeen, WA 98520 Unknown bed None bath 7,442 SqFt ($90/SqFt) 6,534SqFt lot. Built 1925 Listed 2024-03-08, Taxes $4,385 | ✓ USDA Eligible near Aberdeen, WA Restrictions may apply due to home size |
The Cambridge Apartments is 11-units centrally located on a corner lot close to downtown.
* No Longer For Sale *
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This tenant occupied and professionally managed building in the heart of Aberdeen offers a large coin-op lundry room w/large off-street parking lot provided. One 1-bedroom + 10 studios with large walk-in closets that many residents are using as a bedroom; fits double/queen bed.
Buyer to verify with the building department about potential to add 2-additional apartments by adding a unit in the unfinished attic and another the laundry room by relocating the washers/dryers in unit. Some electrical, plumbing and foundation upgrades completed. Recent photos, 2022/2023 cash flow report and 2017 inspection available.
Presented by Kimberly Hobbs at
WRE Seattle-Eastlake.
Property MLS #2208053 from NWMLS
Hardwood
Wall to Wall Carpet
Flooring: Hardwood, Vinyl, Wall to Wall Carpet
Wall to Wall Carpet
Flooring: Hardwood, Vinyl, Wall to Wall Carpet
Heating Features: Wall
Heating Fuel: Electric
Heating: Yes
Heating Fuel: Electric
Heating: Yes
Wood
Wood Products
Wood Products
Lot Description: Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Open Parking Spaces: 11
Open Parking: Yes
Parking Total: 11
Open Parking: Yes
Parking Total: 11
View: Territorial
Coin Op Laundry
Gross Scheduled Income: 86640
Leasable Area: 6545
Leasable Area Units: Square Feet
Leasable Area: 6545
Leasable Area Units: Square Feet
Number of Units: 11
Unit Features: Unit 10 BathsTotal: 1, Unit 10 SquareFeet: 546, Unit 10 UnitDescription: 10
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 6
Unit-7 Description: 7
Unit-8 Description: 8
Unit-9 Description: 9
Unit-10 Description: 10
Unit-1 Square Feet: 440
Unit-2 Square Feet: 612
Unit-3 Square Feet: 447
Unit-4 Square Feet: 511
Unit-5 Square Feet: 503
Unit-6 Square Feet: 547
Unit-7 Square Feet: 457
Unit-8 Square Feet: 517
Unit-9 Square Feet: 503
Unit-10 Square Feet: 546
Unit 1 Total Actual Rent: 675
Unit 2 Total Actual Rent: 800
Unit 3 Total Actual Rent: 625
Unit 4 Total Actual Rent: 625
Unit 5 Total Actual Rent: 625
Unit 6 Total Actual Rent: 625
Unit 7 Total Actual Rent: 625
Unit 8 Total Actual Rent: 675
Unit 9 Total Actual Rent: 600
Unit Features: Unit 10 BathsTotal: 1, Unit 10 SquareFeet: 546, Unit 10 UnitDescription: 10
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 6
Unit-7 Description: 7
Unit-8 Description: 8
Unit-9 Description: 9
Unit-10 Description: 10
Unit-1 Square Feet: 440
Unit-2 Square Feet: 612
Unit-3 Square Feet: 447
Unit-4 Square Feet: 511
Unit-5 Square Feet: 503
Unit-6 Square Feet: 547
Unit-7 Square Feet: 457
Unit-8 Square Feet: 517
Unit-9 Square Feet: 503
Unit-10 Square Feet: 546
Unit 1 Total Actual Rent: 675
Unit 2 Total Actual Rent: 800
Unit 3 Total Actual Rent: 625
Unit 4 Total Actual Rent: 625
Unit 5 Total Actual Rent: 625
Unit 6 Total Actual Rent: 625
Unit 7 Total Actual Rent: 625
Unit 8 Total Actual Rent: 675
Unit 9 Total Actual Rent: 600
High School District: Aberdeen
Aberdeen High School is a public high school located approximately 0.1 miles away.
Map directions
Map directionsMcdermoth Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsMiller Junior High School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsSt Mary School is a private elementary and middle school located approximately 0.3 miles away.
Map directions
Map directionsCalculated Total Monthly Association Fees: 0
Annual Tax Amount: 5258.46
Source Listing Status: Sold
Country Region: US
County: Grays Harbor
Cap Rate: 4.5
Directions: GPS is accurate.
Tax Year: 2023
Other Expense: 27675.15000000
Source Property Type: Multi-Family
Insurance Expense: 2863.5
Area: 198 - Aberdeen
List Development Name: Aberdeen
Source Neighborhood: Aberdeen
Parcel Number: 011400301200
Street Suffix Modifier: Street
Subdivision: Aberdeen
Source System Name: C2C
Source Listing Status: Sold
Country Region: US
County: Grays Harbor
Cap Rate: 4.5
Directions: GPS is accurate.
Tax Year: 2023
Other Expense: 27675.15000000
Source Property Type: Multi-Family
Insurance Expense: 2863.5
Area: 198 - Aberdeen
List Development Name: Aberdeen
Source Neighborhood: Aberdeen
Parcel Number: 011400301200
Street Suffix Modifier: Street
Subdivision: Aberdeen
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $329,510 + $46,800 $376,310 | $4,385 |
| 2021 | $288,268 + $46,800 $335,068 | $4,300 |
| 2020 | $240,223 + $46,800 $287,023 | $3,715 |
| 2019 | $386,177 + $46,800 $432,977 | $5,327 |
| 2017 | $351,070 + $46,800 $397,870 | $6,082 |
| 2017 | $333,517 + $46,800 $380,317 | $6,082 |
| 2016 | $351,070 + $46,800 $397,870 | $6,035 |
| 2015 | $349,945 + $46,800 $396,745 | $5,734 |
| 2014 | $349,945 + $52,000 $401,945 | $5,663 |
| 2013 | $348,000 + $52,000 $400,000 | $5,372 |
| 2012 | $348,000 + $52,000 $400,000 | $5,437 |
| 2011 | $348,000 + $52,000 $400,000 | $5,242 |
| 2010 | $348,000 + $52,000 $400,000 | $5,136 |
| 2009 | $166,310 + $42,250 $208,560 | $2,930 |
| 2008 | $166,310 + $42,250 $208,560 | $2,878 |
Sold 2024-05-30
$670,200
NWMLS
Listed 2024-03-08
$675,000
NWMLS
Sold 2018-05-10
$220,000
NWMLS
Listed 2017-11-06
$260,000
NWMLS
Listing removed 2017-01-07
$339,000
NWMLS
Listed 2017-01-05
$339,000
NWMLS
Listing removed 2015-10-06
$279,950
NWMLS
Sold 2008-02-20
$110,500
Public Record
Sold 2005-08-17
$287,277
Public Record
Listed 2004-06-27
$279,950
NWMLS
$670,200
NWMLS
Listed 2024-03-08
$675,000
NWMLS
Sold 2018-05-10
$220,000
NWMLS
Listed 2017-11-06
$260,000
NWMLS
Listing removed 2017-01-07
$339,000
NWMLS
Listed 2017-01-05
$339,000
NWMLS
Listing removed 2015-10-06
$279,950
NWMLS
Sold 2008-02-20
$110,500
Public Record
Sold 2005-08-17
$287,277
Public Record
Listed 2004-06-27
$279,950
NWMLS
Net Operating Income: 30836
Operating Expense: 48005.73999999
Operating Expense: 48005.73999999
Electric Expense: 1535.309999999
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Total: 7442
Building Area Units: Square Feet
Living Area Units: Square Feet
Property Age: 99
Roof: Composition
Building Total Stories: 3
Structure Type: Multi Family
House Style: 10+ Units
Elevation Units: Feet
Building Area Units: Square Feet
Living Area Units: Square Feet
Property Age: 99
Roof: Composition
Building Total Stories: 3
Structure Type: Multi Family
House Style: 10+ Units
Elevation Units: Feet
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.