Aggressively priced 7-unit apartment building with a strong rental history and clear value-add upside. The property features four 2-bedroom units and three 1-bedroom units, offering a desirable mix of living spaces for tenants. Rents are currently below market, creating a strong opportunity for future rental increases and improved cash flow.The building also includes a garage that can be used as a shop, tenant storage, or additional income-producing space. Conveniently located near public transportation, shopping, and everyday amenities, this property offers both stability and upside potential for investors looking to maximize returns.
| MLS # | 2538113 |
|---|---|
| Listing Type | For Sale |
| Building Name | Hoquiam Corr |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 136 |
| Listing Provided By | Keller Williams Rlty Bellevue | Michael Durham |
| SQ Feet | 6,971 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 7 |
| Zoning | Multi-Family |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 3012 |
|---|
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | Hoquiam |
| School District | Hoquiam High |
| Elementary School | Buyer To Verify |
| High School | Hoquiam High |
| Listing VS Median (in Hoquiam) | |
Price: $485,000 low | high Med: $265,000 sqft: 6,971 low | high Med: 1,982 $ / sqft: $70 low | high Med: $182 On site: 136 low | high Med: 34.5 | |
| State | WA |
|---|---|
| County | Grays Harbor |
| City | Hoquiam |
| Zip Code | 98550 |
| Area | 197 Hoquiam |
| Community Name | Hoquiam |
| School District | Hoquiam High |
| Elementary School | Buyer To Verify |
| High School | Hoquiam High |
| Listing VS Median (in Hoquiam) | |
Price: $485,000 low | high Med: $265,000 sqft: 6,971 low | high Med: 1,982 $ / sqft: $70 low | high Med: $182 On site: 136 low | high Med: 34.5 | |