508 Emerson Avenue, Hoquiam, WA 98550

$375,000
2,976
SqFt

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Listing courtesy of Windermere RE/Aberdeen.

List Price
$375,000
Status
ACTIVE
MLS#
2481980
Price Change
▼ $10,000 1783638461
Days on Market
235
Style
53 - Tri-plex
Building Condition
Updated/Remodeled
Finished SqFt
2,976
Area Total SqFt
2976
Annual Tax Ammount
2400
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

Remodeled Tri-plex on Emerson Ave in Hoquiam. Two of the units have 2 bedrooms and 1 bath. The third unit has 3 bedrooms and 1 bath. Many improvements: New siding & paint 2020-2022. New skirting 2019. New porch coverings 2020. Updated vinyl double pane windows. Most of the plumbing & wiring upgraded between 2015 - 2017. New bathroom tub/shower & paint unit #1. Fresh paint, flooring & new stove unit #3. New refrigerator unit #2. Insulated. Hardwired smoke alarms. Co-op laundry. A yard area in back for playground. Partially fenced. Only short vacancy in 1 unit, seller did upgrades during that time. 1 parking spot with street parking as well.

Additional Information

List Date
2025-12-05 18:13:12
Community
West Hoquiam
Net Operating Income
$27,288
Gross Adjusted Income
$41,160
Gross Scheduled Income
$41,160
Total Monthly Income
$3,428
Insurance Expenses
$2,592
Water/Sewer/Garbage Expenses
$7,260
Gross Rent Multiplier
10.9
Total Expenses
$13,872
Cap Rate
6
Vacancy Rate
1
Total Number of Units
3
Unit Name
508
Potential Terms
Cash, Conventional
Year Built
1896
Roof
Composition
Site Features
Fenced-Partially, Patio
Other Expenses
840
Energy Source
Electric
School District
Hoquiam
Elementary School
Buyer To Verify
Middle School
Hoquiam Mid
High School
Hoquiam High
Total Monthly Income
$3,428
Gross Scheduled Income
$41,160
Vacancy Rate
1
Gross Adjusted Income
$41,160
Tax Year
2025
Insurance Expense
$2,592
W/S/G Expenses
$7,260
Total Expenses
$13,872
Net Operating Income
$27,288
Gross Rent Multiplier
10.9
Cap Rate
6
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.
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