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$380,000   Price Analysis
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301 Eklund Ave
Hoquiam, WA 98550
Unknown bed None bath 1,450 SqFt ($262/SqFt)
5,227SqFt lot. Built 1916
Listed 2024-03-02, Taxes $1,509
USDA Eligible
near Hoquiam, WA
 

Discover the perfect blend of history and modern living in this charming duplex.

Located in the heart of Hoquiam, this property offers a unique opportunity for comfortable living or a savvy invstment. Embrace the coastal lifestyle while reaping the benefits of a sound investment. This duplex offers not a potential for rental income but also proximity to the scenic beauty of the Washington coast.

Affordable living meets investment potential in this duplex. Perfect for first-time homebuyers or investors, this property offers a rare opportunity to own a piece of Hoquiam real estate.


Presented by Shawn Wilbur at
Seattle Works Real Estate.


Property MLS #2205610 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet

Heating Features: Baseboard, Wall
Heating Fuel: Electric, Natural Gas
Heating: Yes

Wood

Lot Description: Corner Lot, Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.1199954
Lot Size Dimensions: 39x131
Lot Size Square Feet: 5227

Elementary School: Emerson Elem
High School: Hoquiam High
High School District: Hoquiam
Middle School: Hoquiam Mid

Central Elementary School is a public elementary school located approximately 0.4 miles away.
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Hoquiam Middle School is a public middle school located approximately 0.4 miles away.
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Hoquiam High School is a public high school located approximately 0.6 miles away.
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St Mary School is a private elementary and middle school located approximately 3.6 miles away.
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Gross Scheduled Income: 31200
Leasable Area: 1450
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Description: 301
Unit-2 Description: 308
Unit-1 Square Feet: 868
Unit-2 Square Feet: 582
Unit 1 Total Actual Rent: 1400
Unit 2 Total Actual Rent: 1200

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1477.339999999
Source Listing Status: Active
Country Region: US
County: Grays Harbor
Cap Rate: 7
Directions: North on Emerson, Right on Cleveland.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 600
Area: 197 - Hoquiam
List Development Name: West Hoquiam
Source Neighborhood: West Hoquiam
Parcel Number: 055000701600
Street Suffix Modifier: Avenue
Subdivision: West Hoquiam
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$117,837 + $18,734
$136,571
$1,509
2022$43,380 + $10,928
$54,308
$690
2021$43,380 + $10,928
$54,308
$734
2020$43,380 + $10,928
$54,308
$758
2019$36,150 + $10,928
$47,078
$627
2017$28,920 + $10,928
$39,848
$603
2017$28,920 + $10,928
$39,848
$603
2016$41,765 + $10,928
$52,693
$775
2015$42,025 + $10,928
$52,953
$797
2014$39,885 + $10,928
$50,813
$803
2013$39,885 + $10,928
$50,813
$771
2012$65,935 + $15,612
$81,547
$1,107
2011$65,935 + $15,612
$81,547
$1,070
2010$65,935 + $15,612
$81,547
$1,066
2009$65,935 + $15,612
$81,547
$992
2008$55,310 + $11,969
$67,279
$911

Listed 2024-03-02
$380,000
NWMLS
Sold 2021-08-31
$140,000
Public Record

Net Operating Income: 28282
Operating Expense: 2917.340000000

Power Production Type: Electric, NaturalGas
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 1450
Building Area Units: Square Feet
Building Name: North Hoquiam
Foundation Details: Post & Block
Living Area Units: Square Feet
Property Age: 108
Roof: Composition
Building Total Stories: 1
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 1921
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.