$560,000

4 Beds 7 Baths 6,021 SQFT 0.43 Acres
Type: Multi-Family

711 N
Hoquiam, WA 98550

MLS#: 2479275
Presented by: Coldwell Banker Danforth and NWMLS

Property Description

 

This is a 1910 Lumber Baron's home, cape cod/craftsman converted to a 7 Unit Apartment offering a variety of living spaces. 2 one BDR units and 3 studio units on 1st floor and 2 1 BDR units on second floor. Has a strong rental history and is 100% rented. Common area partially fenced lawn with firepit. Includes a storage room currently used for property management storage. Has an onsite shared coin operated laundry room. Rents are currently below market value. This is an attractive investment for those looking to maximize their returns. Quiet street peekaboo view of the water. DO NOT DISTURB TENANTS.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate5.4
Carport Spaces0
Carport Y/NNo
CityHoquiam
CoolingNone
CountyGrays Harbor
Directionsgps is accurate
Electric Expense4186
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High School DistrictHoquiam
Insurance Expense3200
Leasable Area4,215 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet18,731 sqft
Lot Size UnitsSquare Feet
MLS Area197 - Hoquiam
NWM_ShowMapLinkY
Net Operating Income30044
New ConstructionNo
Number Of Units Total7
PossessionClosing
Possible UseMulti-Family
Property ConditionFair
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis is a 1910 Lumber Baron's home, cape cod/craftsman converted to a 7 Unit Apartment offering a variety of living spaces. 2 one BDR units and 3 studio units on 1st floor and 2 1 BDR units on second
RoofFlat
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameHoquiam
Tax Annual Amount$4,324
Tax Year1925
Units Below Gradefalse
Units In Building Total7
Water Sewer Garbage19506
Year Built1910
Zoning DescriptionMulti-Family

Exterior

Building Area Total6,021 sqft
Covered Spaces0
Exterior AmenitiesWood Products
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.43
Parking Uncovered Total2
Site FeaturesFenced-Partially, Outdoor Fireplace
Total Parking2
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$560,000

4 Beds 7 Baths 6,021 SQFT 0.43 Acres
Type: Multi-Family

711 N
Hoquiam, WA 98550

MLS#: 2479275