Bought with: ZNonMember-Office-MLS
$1,225,000
$1,350,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
10 Baths
8,840 SqFt
SOLD DATE : 08/07/2026
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,840 sqft
Price per Sqft $138
Subdivision Hoquiam
MLS Listing ID 2467372
Sold Date 08/07/26
Style 56 - 10+ Units
Bedrooms 16
Year Built 1977
Annual Tax Amount $8,821
Lot Size 0.340 Acres
Property Sub-Type Multi Family
Property Description
BACK ON MARKET DUE TO BUYERS COLD FEET. CASH FLOW FROM THE GET GO! 8.5% CAP RATE! Perfect investment or 1031 exchange property. Fully rented 10 plex features 6 two bedroom units and four one bedroom apartments. Recent electrical updates include new panels in all units. Newer exterior paint and roof too! Interior features include new carpet, vinyl and laminate hardwood flooring. Some bath and kitchen upgrades that include vanities, facets, flooring, commodes, etc...Coin operated laundry helps generate additional income. Tenants pay all utility bills. The 2 bedroom units are 900 SF and the 1 bedrooms are 850. Both feature spacious bedrooms and large living areas plus kitchens with eating space. Upstairs units have cute deck area too! Some units have access to 6 X 5 storage units located on backside of complex. Centrally located in downtown Hoquiam next to the YMCA and it's right on the bus line and close to any needed services.
Location
State WA
County Grays Harbor
Area 197 - Hoquiam
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, Deck, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Hoquiam Mid
High Schools Hoquiam High
School District Hoquiam
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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