2425 Bay Avenue, Hoquiam (98550)
$1,399,000
0 
0
6,048
PROPERTY DETAILS
| Address: |
view address Hoquiam, WA 98550 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 6,048 sq.ft. | Lot Size: | 12632.0 |
| Year Built: | 1978 | Views: | Territorial |
| Property Type: | Multi Family | Community: | Hoquiam |
| Neighborhood: | Hoquiam | School District: | Hoquiam |
| County: | Grays Harbor | List Date: | 2024-05-14 |
| Listing Number: | 2237278 | Listed By: | Keller Williams Rlty Bellevue |
PROPERTY DESCRIPTION
This property comprises 12 two-bedroom, one-bath units, split between an 8-unit building and a 4-unit building on two tax parcels. Current rents are below market value, providing excellent potential for increased income with some like units already collecting $1275. The pro forma cap rate is estimated to exceed 10%!! with just some minor upgrades. It is conveniently located near public transit and shopping centers, enhancing tenant appeal. Additionally, its proximity to ocean beaches and Grays Harbor College adds to its attractiveness for potential renters. This is a prime opportunity for all investors to add to their portfolio.
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Interior
Features
| Flooring: | Carpet, Vinyl |
Cooling & Heating
| Cooling features: | None | Heating features: | Electric, Baseboard |
| Heating: | Yes |
Exterior
Exterior and Lot
| Lot features: | Corner Lot, Paved | Construction Materials: | Wood Siding |
| Roof: | Composition |
Property Features
| Patio and Porch features: | Deck |
Property and Lot Details
View
| Views: | Territorial | Has View: | Yes |
Schools
| Elementary School: | Buyer To Verify | Middle or Junior School: | Hoquiam Mid |
| High School: | Hoquiam High |
Fee
| Annual Tax: | 6290 |
Building Information
| Year Built: | 1978 | Stories: | 2 |
Lot
| Lot Dimensions: | 12632.0 |
Construction
| Building Area total: | 6048.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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