Investor Opportunity — Turnkey Duplex With Rental StabilityThis fully-rented duplex is ready to step seamlessly into your investment portfolio. The upper unit offers 2 bedrooms/1 bath, while the main-level unit features 2 bedrooms/1 bath plus a convenient washer/dryer hookup. The main-level tenants also enjoy a spacious fenced backyard and a generously sized deck directly off the back door — an appealing amenity that supports long-term tenancy.Recent updates include a new hot water tank in the upper unit. Both units are rented at current market rates with leases already in place, providing immediate, predictable cash flow. A solid investment in a steady rental market.
This 6-unit multifamily property offers an exceptional opportunity for investors seeking strong cash flow and long-term stability. With four one-bedroom units and two two-bedroom units, the property appeals to a wide range of tenants and is fully occupied. This property offers investors a rare combination of high current income and future appreciation potential. With a 10.6% cap rate and nearly 40% cash-on-cash return, this 6-unit building stands out as a high-performing asset in today's market.• Strong in-place cash flow with immediate yield.• Below-market rents provide upside potential.• Separately metered utilities for tenant accountability.• Well-maintained property in a stable rental area.
Remarkable transformation! This charming duplex is basically 2 small, single-story houses connected by side-by-side oversized heated laundry rooms. It has been remodeled from the foundation up to the roof. The siding Is The Original Cedar which previously had been covered up. The interiors consist of 1 bedroom, 1 bath with a living room and galley kitchen. A wall of closet provides extra storage area in each bedroom for your needed belongings. The lot has been leveled out with new grass planted and off-street gravel parking area. It is located at the corner of Wood & River Street. The backdrop is trees and a wild growth open field. A feeling of privacy exists in this location. Use as a rental or live in one side rent the other.
A 7-unit apartment building with a strong rental history. This building features three 2-bedroom units and four 1-bedroom units, offering a variety of living spaces. Additionally, it includes a garage that can be utilized as a shop or for storage, generating additional income. Conveniently located close to a bus line and shopping areas, the property ensures easy access to essential amenities. Rents are currently below market value, presenting a significant opportunity for potential increases, making it an attractive investment for those looking to maximize their returns
Well established duplex near city amenities. 502 has been completely renovated following a 19 year tenancy. It features 3 bdrm/1 bath, 1097 sqft, with garage. 504 is 2 bdrm/1 bath, 1014 sqft. with carport, storage room & large side yard. Both units features fireplaces with gas inserts, w/d hookups, back yards. Exterior painted 2024, roof 2008. Built in 1961 featuring beveled cedar siding, scratch cedar soffits and car decking subfloor. Both units are under an active lease. Has boasted longtime tenants with near zero vacancy. Tenant pays all utilities including W/S/G. Viewings to be after mutual agreement.
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Hoquiam is located in Washington. Hoquiam, Washington has a population of 8,700. Hoquiam is more family-centric than the surrounding county with 23.75% of the households containing married families with children. The county average for households married with children is 23.25%.
The median household income in Hoquiam, Washington is $44,840. The median household income for the surrounding county is $53,615 compared to the national median of $69,021. The median age of people living in Hoquiam is 43 years.
The average high temperature in July is 68.1 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 87.7 inches per year, with 1.9 inches of snow per year.