520 28th Street, Hoquiam, WA 98550

$575,000
4,335
SqFt

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Listing courtesy of Better Properties Grays Harbor.

List Price
$575,000
Status
ACTIVE
MLS#
2562616
Days on Market
1
Style
55 - 5-9 Units
Finished SqFt
4,335
Area Total SqFt
4335
Annual Tax Ammount
3013.84
Lot Size (sq ft)
8,700
Sewer
Sewer Connected

Property Description

Looking to start a rental portfolio? Here is the perfect property to do it. Live in the house, rent out the apartments, or live in one of the apartments and maximize your cash flow from the rest. Great Cash Flowing rental property, most units have been updated, minimal deferred maintenance, new roofs on the apartments and garage. Lots of on street and off street parking. Coin op laundry.

Additional Information

List Date
2026-08-11 22:43:15
Community
Hoquiam
Net Operating Income
$61,928
Gross Adjusted Income
$61,928
Gross Scheduled Income
$75,720
Total Monthly Income
$6,260
Insurance Expenses
$3,250
Water/Sewer/Garbage Expenses
$6,597
Gross Rent Multiplier
7.59
Total Expenses
$13,791
Cap Rate
10.77
Vacancy Rate
5
Total Number of Units
5
Unit Name
520
Potential Terms
Cash, Conventional
Year Built
1908
Roof
Composition, Flat
Site Features
Patio
Electric Expenses
931
Energy Source
Electric
School District
Hoquiam
Total Monthly Income
$6,260
Gross Scheduled Income
$75,720
Vacancy Rate
5
Gross Adjusted Income
$61,928
Tax Year
2026
Insurance Expense
$3,250
W/S/G Expenses
$6,597
Total Expenses
$13,791
Net Operating Income
$61,928
Gross Rent Multiplier
7.59
Cap Rate
10.77
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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