106 N Lincoln Street, Aberdeen, WA 98520

$525,000
3,456
SqFt

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Listing Broker: Olympic Realty 2000, Inc; Michelle Reynvaan; 360-591-9789; michelle@gh4sale.com

List Price
$525,000
Status
ACTIVE
MLS#
2598303
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,456
Area Total SqFt
3456
Annual Tax Ammount
4332
Lot Size (sq ft)
13,068
Sewer
Sewer Connected

Property Description

Incredible value!!! This income producing Triplex is one of a kind and a true gem for investors! Two of the units feature 3 bedrooms, 1.5 baths, a garage, and a private fenced backyard. The third unit offers an impressive 4 bedrooms, 2 garages, and it's own private slightly larger backyard. With two units currently occupied and one vacant, this property is an excellent opportunity for investors to expand their rental portfolio! Each unit has great closet space in the bedrooms, bedrooms are spacious and the floor plans of each unit are very comfortable and well maintained. The sliding glass door that brings you to the decks are inviting and a great feature as well. Conveniently located near local restaurants, shopping, transportation and everyday amenities. Don't miss the opportunity to own this versatile multi-unit property that has SO MUCH to offer!

Additional Information

Community
Aberdeen
Net Operating Income
$30,252
Gross Adjusted Income
$45,600
Gross Scheduled Income
$48,000
Total Monthly Income
$4,000
Insurance Expenses
$3,380
Water/Sewer/Garbage Expenses
$6,836
Gross Rent Multiplier
10.94
Total Expenses
$15,348
Cap Rate
6
Vacancy Rate
5
Total Number of Units
3
Unit Name
106
Potential Terms
Cash, Conventional, FHA
Year Built
1995
Roof
Composition
Site Features
Fenced-Fully
Other Expenses
800
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
$4,000
Gross Scheduled Income
$48,000
Vacancy Rate
5
Gross Adjusted Income
$45,600
Tax Year
2026
Insurance Expense
$3,380
W/S/G Expenses
$6,836
Total Expenses
$15,348
Net Operating Income
$30,252
Gross Rent Multiplier
10.94
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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