Presented by: Keller Williams Eastside and NWMLS
Property Description
Hoquiam fourplex offering a value-add investment opportunity with existing multifamily use and upside through renovation and repositioning. The property is currently vacant, allowing a new owner to complete improvements and re-lease the units without working around existing tenants. Foundation work is currently underway. Two of the four units have been remodeled, and the property also includes on-site coin-operated laundry. Situated on a quiet corner lot near bus lines, shopping, parks, and schools. Well suited for an investor looking to improve, stabilize, and operate a small multifamily asset in Hoquiam.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate4.4
Carport Spaces0
Carport Y/NNo
CityHoquiam
CoolingWall Unit(s)
CountyGrays Harbor
Directionsfrom N on Lincoln to R on WA, L on Monroe, 626 on R
Electric Expense879
Fuel Expense269
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictHoquiam
Insurance Expense5337
Leasable Area4,180 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet4,902 sqft
Lot Size UnitsSquare Feet
MLS Area197 - Hoquiam
NWM_ShowMapLinkY
Net Operating Income18850
New ConstructionNo
Number Of Units Total4
PossessionClosing
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHoquiam fourplex offering a value-add investment opportunity with existing multifamily use and upside through renovation and repositioning. The property is currently vacant, allowing a new owner to co
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameHoquiam
Tax Annual Amount$3,461
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water Sewer Garbage6153
Year Built1913
Exterior
Building Area Total0 sqft
Covered Spaces0
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Corner Lot, Sidewalk
Lot Size Acres0.1125
Parking Uncovered Total0
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A
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Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221