$1,189,000

517 Emerson Avenue, Hoquiam, WA 98550

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon10,559sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Thomas Hedlund, Better Properties Grays Harbor

Turnkey 9-unit multifamily in prime location near schools, bus lines, and downtown shopping. Strong cash flow with low vacancy and great tenant history. Major renovations completed by previous owner, with refreshed units by current owner during turnovers. Excellent condition and curb appeal. Value-add potential with conversion of unused space into storage units, and possible reconfiguration of a 2-bed into a 3-bed and a 1-bed into a 2-bed. A rare, stable asset with upside in a high-demand rental market. This is a rare opportunity to own a well-maintained, centrally located building with both solid in-place numbers and clear upside for the next owner.

Listing Status:
Active
Listing Office:
Better Properties Grays Harbor : 360-470-0354
Listing Agent:
Thomas Hedlund : 360-470-0354
MLS ID:
2388888
  • A/C: None
  • Heating:
  • Fireplace: Fireplaces: 0

This listing courtesy of Thomas Hedlund, Better Properties Grays Harbor

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Elementary School

310 Simpson Ave, Hoquiam, WA, 98550

Grades 4-5

0.10 miles away

H

Hoquiam Middle School

200 Spencer St, Hoquiam, WA, 98550

Grades 6-8

0.68 miles away

H

Hoquiam High School

501 W Emerson Ave, Hoquiam, WA, 98550

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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