PROPERTIES FOR SALE

201 N F Street Aberdeen, WA 98520

NWMLS Courtesy of Spivey Realty Group, LLC
201 N F Street
Aberdeen, WA 98520
$999,500
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Turnkey Aberdeen multifamily investment with immediate cash flow! The best deal on market with a 9.09% cap rate! The Cambridge Apartments features 11 units totaling ~7442 sq ft on a centrally located corner lot near downtown. The unit mix includes one 1 bed/1 bath and ten studio units, many with oversized walk-in closets that provide added flexibility for tenants. Professionally managed and fully occupied, the property currently generates approximately ~$10,307/month in gross rental income with an estimated 9.09% cap rate. Residents enjoy a large coin-operated laundry room and ample off-street parking. Recent improvements include electrical, plumbing, flooring, water heaters, and more. The property is professionally managed and benefits from regular professional cleaning and ongoing maintenance. Potential to create two additional units by utilizing the unfinished attic space and reconfiguring the existing laundry room. Managed by local PM company, Rentals by Spivey. A rare opportunity to step into a stabilized asset with strong income today and additional upside for the future!

Property Features

Community: Aberdeen
10+ Units
View: Territorial
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1925
2026 Taxes: $5993.98
Buyer Broker Comp.: 2%
Listing #: 2551028

Lot Details

Lot Size: 0.15 acres
Curbs
Paved
Sidewalk
No. of Units: 11

Interior

Cooling: None
Heating: Wall Furnace
Electric

Common Features

Coin Op Laundry

Schools

District: Aberdeen
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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