Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 8.5% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. Two units, one 2 bedroom and 1 one bedroom could have floorplan changed to add a bedroom to each for increased cash flow.
| MLS # | 2486273 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1906 |
| Days On Site | 175 |
| Listing Provided By | Better Properties Grays Harbor | Thomas Hedlund |
| SQ Feet | 6,360 |
|---|---|
| Story(s) | 2 |
| Units | 9 |
| Zoning | Multi-Family |
| Acreage | 0.24 |
| Property | 6600 |
|---|
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | West Hoquiam |
| Listing VS Median (in West Hoquiam) | |
Price: $900,000 low | high Med: $321,900 sqft: 6,360 low | high Med: 1,892 $ / sqft: $142 low | high Med: $171 On site: 175 low | high Med: 21.5 | |
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | West Hoquiam |
| Listing VS Median (in West Hoquiam) | |
Price: $900,000 low | high Med: $321,900 sqft: 6,360 low | high Med: 1,892 $ / sqft: $142 low | high Med: $171 On site: 175 low | high Med: 21.5 | |
![]() | $560,000711 NHoquiam, WA 98550 |
![]() | $560,000711 NHoquiam, WA 98550 |