Situated in a quiet residential neighborhood, M Street Apartments is just a few blocks from Aberdeen’s central commercial corridor and waterfront district. This 11-unit multifamily property is comprised of nine one-bedroom, one-bath units and two two-bedroom, one-bath unit. The one-bedroom units rent for an average of $845 per month, while the two-bedroom unit rents for $850. The building features a classic mid-century design and offers a stable income stream in a market with tightening vacancy rates. With modest unit finishes and rents below current market averages, there is value-add potential through interior renovations and strategic rent increases. Convenient access to shopping, dining, and public transportation.
Active
Listed by:
Jonathan D. Bye,
John L. Scott, Inc
$734,000
208 N M Street, Aberdeen, WA 98520
13beds
11baths
7,435sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$99/sqft
$-- HOA
What's special
Modest unit finishesClassic mid-century designQuiet residential neighborhoodInterior renovations
- 11 days |
- 256 |
- 6 |
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