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Hoquiam,WA 98550
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,048 sqft
Price per Sqft $168
Subdivision West Hoquiam
MLS Listing ID 2388888
Style 55 - 5-9 Units
Bedrooms 10
Year Built 1906
Annual Tax Amount $6,195
Lot Size 10,560 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey 9-unit multifamily in prime location near schools, bus lines, and downtown shopping. Strong cash flow with low vacancy and great tenant history. Major renovations completed by previous owner, with refreshed units by current owner during turnovers. Excellent condition and curb appeal. Value-add potential with conversion of unused space into storage units, and possible reconfiguration of a 2-bed into a 3-bed and a 1-bed into a 2-bed. A rare, stable asset with upside in a high-demand rental market. This is a rare opportunity to own a well-maintained, centrally located building with both solid in-place numbers and clear upside for the next owner.
Location
State WA
County Grays Harbor
Area 197 - Hoquiam
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Hoquiam
Others
Acceptable Financing Cash Out
Listing Terms Cash Out