Listed price in listed location currency (USD).
$799,900

003

MLS® 2578576

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $6,367
Days Active 29
Lot Size 0.1492 Acres
Approx. Age 1909
MLS® Number 2578576

Property Address: 721 N K St, Aberdeen, WA, 98520-2464

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Aberdeen multifamily investment with immediate cash flow and additional upside! This fully occupied 7-unit property features six 1 bed/1 bath units and one 2 bed unit, generating approximately $6, 920/month in gross rental income with an estimated 6.71% cap rate. Units 5 and 6 offer potential conversion to 2-bedroom layouts, plus a potential 8th one-bedroom unit is already framed in the basement for future completion. Significant improvements include a new roof in 2021, updates throughout the units, new commercial water heater and sewer line in 2023, extensive building and deck reinforcement, exterior paint in 2025, approximately $30k in plumbing repairs/replacements, and mostly updated electrical. Great opportunity for rent increases with upgrades throughout. Fully rented and turn-key with substantial improvements already completed. A unique opportunity to acquire a stabilized multifamily asset with strong existing income and additional value-add potential!
MLS® Number2578576
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1909
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2026List Date
$799,900List Price
  • Commute

Commute

Starting Address
Destination Address
721 N K St, Aberdeen, WA

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