Turnkey investment opportunity with owner-occupancy potential! Live in one unit while generating rental income from the others, or add a strong income-producing property to your portfolio. This well-maintained triplex features two units in the front building and a separate rear unit with its own private entrance, garage space, and alley access. Unit 1 offers 2 bedrooms and 1 bath on the main level. Unit 2 features 1 bedroom, 2 baths, and a dedicated office upstairs, making it an excellent owner-occupied option. Unit 3 includes 2 bedrooms, 1 bath, private entry, garage space, and added privacy. Each unit has its own laundry facilities for added tenant convenience. Recent updates include fresh interior paint and new flooring. A spacious side yard, driveway, and off-street parking enhance the property's appeal. The upstairs unit is expected to be fully leased by the end of July, offering flexibility for buyers who wish to occupy it before leasing or simply acquire a fully rented asset. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this Hoquiam triplex offers flexible living arrangements, solid rental potential, and an excellent opportunity to build long-term wealth.
| MLS # | 2549695 |
|---|---|
| Listing Type | For Sale |
| Building Name | Karrs River Lots |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 50 |
| Listing Provided By | Premier Realty Grays Harbor | Keren Spangler |
| SQ Feet | 2,892 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.23 |
| Property | 2153 |
|---|
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | Hoquiam |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Hoquiam) | |
Price: $385,000 low | high Med: $275,000 sqft: 2,892 low | high Med: 1,328 $ / sqft: $133 low | high Med: $213 On site: 50 low | high Med: 163.5 | |
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | Hoquiam |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Hoquiam) | |
Price: $385,000 low | high Med: $275,000 sqft: 2,892 low | high Med: 1,328 $ / sqft: $133 low | high Med: $213 On site: 50 low | high Med: 163.5 | |