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.
Active
Listed by:
Peter Wilbur,
simpliHOM Residential
$539,000
2921 2921 Aberdeen Ave, Hoquiam, WA 98550
8beds
6baths
3,192sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
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