517 Emerson Avenue, Hoquiam, WA 98550

Courtesy of Better Properties Grays Harbor

$900,000
6,360
SqFt

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List Price
$900,000
Status
ACTIVE
Days on Market
197
Price Change
▼ $100,000 1786503882
MLS#
2486273
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1906
Living Area
6,360
Lot Size
10,454
Acres
0.24
Subdivision
West Hoquiam
Neighborhood
West Hoquiam
MLS Area Major
Hoquiam

Property Description

Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 9.86% 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. One 2 bedroom could have floorplan changed to add a bedroom for increased cash flow.

Additional Information

Amenities
Storage
Exterior Features
Wood
Property Description
55 - 5-9 Units
Flooring
Laminate, Carpet
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Hoquiam
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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