PROPERTIES FOR SALE

414 ONTARIO Street Hoquiam, WA 98550

NWMLS Courtesy of Networks Real Estate LLC
414 ONTARIO Street
Hoquiam, WA 98550
$1,350,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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. Tenants pay all utility bills. 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.

Property Features

Community: Hoquiam
10+ Units
View: Territorial
Cable TV
Deck
Patio
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1977
2025 Taxes: $8821.00
Buyer Broker Comp.: 2%
Listing #: 2467372

Lot Details

Lot Size: 0.34 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 10

Interior

Cooling: None
Heating: Wall Unit(s), Baseboard
Electric

Common Features

Coin Op Laundry

Schools

District: Hoquiam
Elem: Buyer To Verify
Middle: Hoquiam Mid
High: Hoquiam High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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