106 Garden Hill Road W, Elma, WA 98541
Courtesy of Abbey Realty Inc
- $1,600,000
- 6,688
- SqFt
- List Price
- $1,600,000
- Status
- ACTIVE
- Days on Market
- 57
- MLS#
- 2553817
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1978
- Living Area
- 6,688
- Lot Size
- 49,223
- Acres
- 1.13
- Subdivision
- Garden Hill
- Neighborhood
- Garden Hill
- MLS Area Major
- Elma
Property Description
Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials • Annual Gross Income: $140,000 • Cap Rate: 6.7% Recent roofs (approx. 5 years old) minimize near-term capex. Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.
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Additional Information
- Exterior Features
- Wood, Wood Products
- Property Description
- 55 - 5-9 Units
- Flooring
- Laminate, Vinyl, Carpet
- Heating
- Wall Furnace
- Air Conditioning
- None
- Roof
- Composition
- Garage Spaces
- 8
- School District
- Elma
- View
- Territorial
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.