MLS #2467372 / Listing provided by NWMLS & Networks Real Estate LLC.
$1,350,000
414 ONTARIO Street
Hoquiam,
WA
98550
Sq Ft
Per Sq Ft
Year Built
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. Owner pays water/sewer/garbage that is included into the rent amount. Tenants pay their own electric. 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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Total Uncovered Parking Spaces: 15
- Uncovered Parking Spaces: 12
- Open Parking Spaces: 12
Structure
- Roof: Composition
- Exterior Features: Wood, Wood Products
- Foundation: Slab
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.34
- Foundation: Slab
Schools
- High School District: Hoquiam
- High School: Hoquiam High
- Middle School: Hoquiam Mid
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.34
- Foundation: Slab
Power
- Energy Source: Electric
- Power Company: GRAYS HARBOR PUD
Water, Sewer, and Garbage
- Sewer Company: CITY OF HOQUIAM
- Sewer: Sewer Connected
- Water Company: CITY OF HOQUIAM
- Water Source: Public
- Water, Sewer, and Garbage: 11800
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