$149,999

2 Beds 2 Baths 1,864 SQFT 0.09 Acres
Type: Multi-Family

803 Monroe Street
Hoquiam, WA 98550

MLS#: 2570977
Presented by: Every Door Real Estate and NWMLS

Property Description

 

Fantastic opportunity for first-time investors, house hackers, or anyone looking to build equity! This duplex offers excellent income potential in the heart of downtown Hoquiam. The upper unit features 3 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom.Both units need updating and some sweat equity, making this a value-add opportunity priced to sell. With renovations, projected rental income is approximately $2,200–$2,300 per month, providing strong cash flow potential. Conveniently located near downtown shopping, restaurants, schools, parks, and local amenities, this property offers easy access to everything Hoquiam has to offer. Whether you're looking to live in one unit while renting the other or add a promising investment property to your portfolio, this duplex is full of upside and ready for your vision. Don't miss this chance to unlock its potential!


 

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, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityHoquiam
CoolingNone
CountyGrays Harbor
DirectionsFrom US-101, take the Hoquiam/Wishkah Street exit and continue into downtown Hoquiam. Turn onto Monroe St; 803 Monroe St will be on the street.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictHoquiam
Insurance Expense0
Leasable Area2,198 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet3,920 sqft
Lot Size UnitsSquare Feet
MLS Area197 - Hoquiam
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total2
PossessionClosing
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFantastic opportunity for first-time investors, house hackers, or anyone looking to build equity! This duplex offers excellent income potential in the heart of downtown Hoquiam. The upper unit features
RoofComposition
Senior Community Y/NNo
SewerSTEP Sewer
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameHoquiam
Tax Annual Amount$1,717
Tax Year2025
Units Below Gradefalse
ViewTerritorial
Water Sewer Garbage0
Year Built1905

Exterior

Building Area Total1,864 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPillar/Post/Pier
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
Lot Size Acres0.09
Parking Uncovered Total0
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School
Middle School Buyer To Verify Middle School

  

Similar Properties

$149,999

2 Beds 2 Baths 1,864 SQFT 0.09 Acres
Type: Multi-Family

803 Monroe Street
Hoquiam, WA 98550

MLS#: 2570977