711 N, Hoquiam, WA 98550
- $560,000
- 6,021
- SqFt
Listing courtesy of Coldwell Banker Danforth.
- List Price
- $560,000
- Status
- ACTIVE
- MLS#
- 2479275
- Days on Market
- 127
- Style
- 55 - 5-9 Units
- Building Condition
- Fair
- Finished SqFt
- 6,021
- Area Total SqFt
- 6021
- Annual Tax Ammount
- 4324
- Lot Size (sq ft)
- 18,731
- Sewer
- Sewer Connected
Property Description
This is a 1910 Lumber Baron's home, cape cod/craftsman converted to a 7 Unit Apartment offering a variety of living spaces. 2 one BDR units and 3 studio units on 1st floor and 2 1 BDR units on second floor. Has a strong rental history and is 100% rented. Common area partially fenced lawn with firepit. Includes a storage room currently used for property management storage. Has an onsite shared coin operated laundry room. Rents are currently below market value. This is an attractive investment for those looking to maximize their returns. Quiet street peekaboo view of the water. DO NOT DISTURB TENANTS.
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Additional Information
- List Date
- 2026-03-24 18:05:32
- Community
- Hoquiam
- Net Operating Income
- $30,044
- Gross Adjusted Income
- $61,260
- Gross Scheduled Income
- $61,260
- Total Monthly Income
- $5,105
- Insurance Expenses
- $3,200
- Water/Sewer/Garbage Expenses
- $19,506
- Gross Rent Multiplier
- 9.14
- Total Expenses
- $31,216
- Cap Rate
- 5.4
- Total Number of Units
- 7
- Unit Name
- 711
- Potential Terms
- Cash, Conventional
- Year Built
- 1910
- Roof
- Flat
- Site Features
- Fenced-Partially, Outdoor Fireplace
- Electric Expenses
- 4186
- Energy Source
- Electric
- School District
- Hoquiam
- Total Monthly Income
- $5,105
- Gross Scheduled Income
- $61,260
- Gross Adjusted Income
- $61,260
- Tax Year
- 1925
- Insurance Expense
- $3,200
- W/S/G Expenses
- $19,506
- Total Expenses
- $31,216
- Net Operating Income
- $30,044
- Gross Rent Multiplier
- 9.14
- Cap Rate
- 5.4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.