Presented by: Better Properties Grays Harbor and NWMLS
Property Description
Looking to start a rental portfolio? Here is the perfect property to do it. Live in the house, rent out the apartments, or live in one of the apartments and maximize your cash flow from the rest. Great Cash Flowing rental property, most units have been updated, minimal deferred maintenance, new roofs on the apartments and garage. Lots of on street and off street parking. Coin op laundry.
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
FlooringLaminate, Softwood, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate10.77
Carport Spaces0
Carport Y/NNo
CityHoquiam
CoolingNone
CountyGrays Harbor
DirectionsHead towards Hoquiam from Aberdeen, take a left on 28th St, property is on the corner of 28th st and Pacific Ave
Electric Expense931
Fuel Expense0
Garage Spaces2
HOANo
HOA Fee$0
HeatingBaseboard, Wall Furnace
High School DistrictHoquiam
Insurance Expense3250
Leasable Area4,335 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet8,700 sqft
Lot Size UnitsSquare Feet
MLS Area197 - Hoquiam
NWM_ShowMapLinkY
Net Operating Income61928
New ConstructionNo
Number Of Units Total5
PossessionSubject To Tenant Rights
Possible UseMulti-Family
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksLooking to start a rental portfolio? Here is the perfect property to do it. Live in the house, rent out the apartments, or live in one of the apartments and maximize your cash flow from the rest. Great
RoofComposition, Flat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameHoquiam
Tax Annual Amount$3,014
Tax Year2026
Units Below Gradefalse
Units In Building Total5
Water CompanyCity of Hoquiam
Water Sewer Garbage6597
Year Built1908
Zoning DescriptionMulti-Family
Exterior
Building Area Total4,335 sqft
Covered Spaces2
Exterior AmenitiesWood Products
Foundation DetailsPillar/Post/Pier, Poured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.1997
Parking Uncovered Total3
Site FeaturesPatio
Total Parking5
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A