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.
Sold
Zillow last checked:
Listing updated:
Bought with:
Avi Sandhu, 21033112
Pellego, Inc.
Olesya Tsvyan, 140697
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2294255
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2024 | Sold | $1,000,000-16.6%$93/sqft |
Source:  NWMLS as distributed by MLS GRID #2294255 Report a problem | ||
| 10/15/2024 | Pending sale | $1,199,000$111/sqft |
Source: NWMLS as distributed by MLS GRID #2294255 Report a problem | ||
| 9/24/2024 | Listed for sale | $1,199,000+139.8%$111/sqft |
Source: NWMLS as distributed by MLS GRID #2294255 Report a problem | ||
| 7/30/2019 | Sold | $500,000+11.1%$46/sqft |
Source: NWMLS as distributed by MLS GRID #1467671 Report a problem | ||
| 6/13/2019 | Pending sale | $450,000$42/sqft |
Source: First Harbor Real Estate, Inc. #1467671 Report a problem | ||
| 6/4/2019 | Listed for sale | $450,000$42/sqft |
Source: First Harbor Real Estate, Inc. #1467671 Report a problem | ||
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