Homes for sale - 2921 2921 Aberdeen Ave, Hoquiam, WA 98550

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Cari Shumaker

cari@shumakerregroup.com +1(360) 731-1004

Listed by simpliHOM Residential Peter Shawn Wilbur

$ 539,000

Est. payment | -/mo

8 Beds

6 Baths

3,192 SqFt

Save

$ 539,000

Est. payment | -/mo

Save

8 Beds

6 Baths

3,192 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,192 sqft

Price per Sqft $168

Subdivision Hoquiam

MLS Listing ID 2448289

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1930

Annual Tax Amount $2,983

Lot Size 0.290 Acres

Property Sub-Type Multi Family

Property Description

This 6-unit multifamily property offers an exceptional opportunity for investors seeking strong cash flow and long-term stability. With four one-bedroom units and two two-bedroom units, the property appeals to a wide range of tenants and is fully occupied. This property offers investors a rare combination of high current income and future appreciation potential. With a 10.6% cap rate and nearly 40% cash-on-cash return, this 6-unit building stands out as a high-performing asset in today's market.• Strong in-place cash flow with immediate yield.• Below-market rents provide upside potential.• Separately metered utilities for tenant accountability.• Well-maintained property in a stable rental area.

Location

State WA

County Grays Harbor

Area 197 - Hoquiam

Interior

Flooring Vinyl

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Hoquiam

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

GET MORE INFORMATION

Cari Shumaker

Managing Broker | Lic# 22020507

cari@shumakerregroup.com

+1(360) 731-1004

22881 State Route 3 Belfair, WA, 98528

2921 2921 Aberdeen Ave Hoquiam, WA 98550

Cari Shumaker

Key Details

Location

Interior

Exterior

Building

Schools

Others

2921 2921 Aberdeen Ave