Bought with Century 21 Northwest
$505,000
$585,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
407 Simpson AVE Hoquiam, WA 98550
4,480 SqFt
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $112
Subdivision West Hoquiam
MLS Listing ID 2153181
Sold Date 11/03/23
Style 53 - Tri-plex
Year Built 1968
Annual Tax Amount $2,892
Lot Size 7,841 Sqft
Property Description
Multi-Family and commercial opportunity located near downtown Hoquiam. This property features 3 upper units - 2 Bedroom, 1 Bath with full kitchen (stove/range, refrigerator and dishwasher), washer/dryer and vinyl plank flooring. Additional opportunity for commercial/retail space located on main floor (owner currently uses as personal office/storage). All units are metered separate for power and water. Parking lot offers 8 parking spots. 2 units are used as an Airbnb with a short term renter in the other unit. Financial numbers are based on nightly rental income and are substantially above a market (if leased on a year basis). Units will be sold fully furnished.
Location
State WA
County Grays Harbor
Area 197 - Hoquiam
Interior
Interior Features Concrete, Wall to Wall Carpet
Flooring Concrete, Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Stone, Wood, Wood Products
Amenities Available Cable TV, High Speed Internet
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Hoquiam Mid
High Schools Hoquiam High
School District Hoquiam
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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