MLS #2388888 / Listing provided by NWMLS & Better Properties Grays Harbor.
$1,189,000
517 Emerson Avenue
Hoquiam,
WA
98550
Sq Ft
Per Sq Ft
Year Built
Turnkey 9-unit multifamily in prime location near schools, bus lines, and downtown shopping. Strong cash flow with low vacancy and great tenant history. Major renovations completed by previous owner, with refreshed units by current owner during turnovers. Excellent condition and curb appeal. Value-add potential with conversion of unused space into storage units, and possible reconfiguration of a 2-bed into a 3-bed and a 1-bed into a 2-bed. A rare, stable asset with upside in a high-demand rental market. This is a rare opportunity to own a well-maintained, centrally located building with both solid in-place numbers and clear upside for the next owner.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 8
- Uncovered Parking Spaces: 8
- Open Parking Spaces: 8
Structure
- Roof: Composition
- Exterior Features: Wood
- Foundation: Pillar/Post/Pier
Lot Details
- Lot Features: Sidewalk
- Acres: 0.2424
- Foundation: Pillar/Post/Pier
Schools
- High School District: Hoquiam
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Sidewalk
- Acres: 0.2424
- Foundation: Pillar/Post/Pier
Power
- Energy Source: Electric
- Power Company: Grays Harbor PUD
Water, Sewer, and Garbage
- Sewer Company: City of Hoquiam
- Sewer: Sewer Connected
- Water Company: City of Hoquiam
- Water Source: Public
- Water, Sewer, and Garbage: 11533.96
Debbie Burk
Broker | REALTOR®
Send Debbie Burk an email