www.tacomarealestatesearch.com/homes/78895820
530
Emerson Ave
Hoquiam,
WA
98550
Neighborhood:
West Hoquiam
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!
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
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
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.