2425 BAY AVE
HOQUIAM, WA 98550
$1,399,000
0 Beds
0 Baths
6,048 Sq Ft
Status Active
MLS# 2237278
This property comprises 12 two-bedroom, one-bath units, split between an 8-unit building and a 4-unit building on two tax parcels. Current rents are below market value, providing excellent potential for increased income with some like units already collecting $1275. The pro forma cap rate is estimated to exceed 10%!! with just some minor upgrades. It is conveniently located near public transit and shopping centers, enhancing tenant appeal. Additionally, its proximity to ocean beaches and Grays Harbor College adds to its attractiveness for potential renters. This is a prime opportunity for all investors to add to their portfolio.
Details for 2425 BAY AVE
$231 / Sq Ft
14 parking spaces
Baseboard
No Info
0.29 acres lot
Area Information for 2425 BAY AVE
