1020 J Street Hoquiam, WA $ 625,000
1020 J Street
$ 625,000
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1020 J Street

Hoquiam, WA, 98550
$ 625,000
Baths0.0 Sq 6,971

Monthly Estimate*

$ 4,154

Listed by Keller Williams Rlty Bellevue
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Studio

Multi-Family Home for sale in Hoquiam, WA

for $625,000. This 6,971 square foot home was built in 1929 on a lot size of 0.14.

A 7-unit apartment building with a strong rental history. This building features three 2-bedroom units and four 1-bedroom units, offering a variety of living spaces. Additionally, it includes a garage that can be utilized as a shop or for storage, generating additional income. Conveniently located close to a bus line and shopping areas, the property ensures easy access to essential amenities. Rents are currently below market value, presenting a significant opportunity for potential increases, making it an attractive investment for those looking to maximize their returns.

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Multi-Family Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,012

Style

5-9 Units

Lot Size

0.14

Year Built

1929

Town/City

Hoquiam

County/Region

Grays Harbor

MLS | Web ID

2237288

Features
General
Interior Features Laminate Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing Tenant's Rights
Roof Flat
Exterior Features Wood
HOA 0
Year Built 1929
Property SubType Multi-Family
Tax Year 2023
Building Name Hoquiam Corr
County Grays Harbor
Net Operating Income 42703
Insurance Expense 3458
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Hoquiam
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From downtown Hoquiam on Simpson Avenue turn Right on 10th at bottom of Bridge to Left on J Street building on the Right.
High School Hoquiam High
City Hoquiam
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Hoquiam
Open Parking Spaces 0
NumberOfUnitsTotal 7
MLS Area 197 - Hoquiam
Lot Size Units Square Feet
Lot Size Square Feet 6098
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name J
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 3012
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Hoquiam Mid
Property Condition Good
Public Remarks A 7-unit apartment building with a strong rental history. This building features three 2-bedroom units and four 1-bedroom units offering a variety of living spaces. Additionally it includes a garage
Leasable Area 6555
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City of Hoquiam
Units Below Grade false
Units In Building Total 7
Zoning Class Multi-Family
Water Sewer Garbage 14984
Property Style 55 - 5-9 Units
Cap Rate 6.8
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Curbs Paved Sidewalk
Total Parking 1
Foundation Details Concrete Ribbon Post & Block
Building Area Total 6971
Lot Dimensions 56x97x56x97
Street Suffix Street
Lot Size Acres 0.14
Covered Spaces 1
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Features Cable TV
Parking Uncovered Spaces 0
Lot Number 14
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Internal Only
OriginalMLSID NWM2237288
Street Number 1 1020
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* Excluded Features
List By
Michael Durham

Listing Agent

Keller Williams Rlty Bellevue

Broker

Affordability Calculator

$4,405
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,154
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100354 Elementary School
257419 Middle School
Hoquiam High High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$625,000 Listed Price

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1020 J Street, Hoquiam, WA, 98550 is a Multi-Family Home for sale at $625,000 with 6,971 sqft and a lot size of 0.14. 1020 J Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 98550 which is in Hoquiam, WA