530 Emerson Ave

    Hoquiam, WA 98550
    • $515,000
    • STATUS: Pending Inspection
    • ON SITE: 151 days
    • ID#: 1220289
    Under Contract
    UPDATED: 32 min ago
    $515,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of List4flatfee.Com, Llc.

    Description

    Always rented, virtually zero historical vacancy over the past 10 yrs Existing $375K loan is assumable! Classic 1920's building w/many original touches including hrdwd floors, trim and molding. Perfect for absentee owner; resident mgr & local vendors are in place. Significant recent improvements include: all new ext. paint, new GAR doors, new water heaters, some new roofing & much more. Virtually no deferred maint at this property! Owner is motivated to sell-retiring & this is his last property!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-22T21:15:32.913.

    www.tacomarealestatesearch.com/homes/78895820

    530 Emerson Ave Hoquiam, WA 98550

    • Price: $515,000
    • Status: Pending Inspection
    • Updated: 32 min ago
    • ID#: 1220289
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    8,000
    SQFT
    $64
    $/SQFT
    1928
    Built
    Neighborhood:
    West Hoquiam
    County:
    Grays Harbor
    Area:
    Hoquiam
    School District:
    Hoquiam
    Property Description
    Always rented, virtually zero historical vacancy over the past 10 yrs Existing $375K loan is assumable! Classic 1920's building w/many original touches including hrdwd floors, trim and molding. Perfect for absentee owner; resident mgr & local vendors are in place. Significant recent improvements include: all new ext. paint, new GAR doors, new water heaters, some new roofing & much more. Virtually no deferred maint at this property! Owner is motivated to sell-retiring & this is his last property!
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Stucco Foundation Slab Garage Spaces 7 Roof Composition Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 27 Uncovered Spaces 20

    Interior Features

    Floor Covering Fir/SoftwoodVinyl Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 350 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 400 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 400 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 400 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 450 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 450 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities BasementCoin Op LaundryPlayground Bank Owned No Cap Rate 8.90 Electrical Expenses 5105 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 82160 Gross Rent Multiplier 6 Gross Scheduled Income 82160 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2365 Leased Items None Net Operating Income 45849 New Construction YN No Other Expenses 5351 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 4951 Tax Year 2017 Terms AssumableOwner Financing Third Party Approval Required None Total Expenses EXP 36311 Total Expenses TEX 36311 Total Monthly Income 7925 Unit1 Monthly Rent 325 Unit2 Monthly Rent 375 Unit3 Monthly Rent 375 Unit4 Monthly Rent 375 Unit5 Monthly Rent 475 Unit6 Monthly Rent 475 Vacancy Rate 0 Water Company Hoquiam City Water Sewer Garbage 18539

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Commencement Bay Brokers and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-22T21:15:32.913.

     
    Commencement Bay Brokers
    711 Pacific Ave
    Tacoma WA, 98402
    Listing Courtesy of List4flatfee.Com, Llc.