1201 W Main

    Elma, WA 98541
    • $1,199,000
    • STATUS: Pending
    • ON SITE: 114 days
    • ID#: 1462686
    Under Contract
    UPDATED: 8 min ago
    $1,199,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,152
      SQFT
    • $131
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Rlty Bellevue.

    Description

    Excellent cash flow building with rents well below market. Consists of 2 buildings and a separate building for coin-op laundry. All units are 2 bedroom 1 bath approximately 750 square feet. All units either have a balcony or patio. All units also have assigned parking spaces. In 2014/2015 current owner replaced roof with metal roof, interior and exterior have been repainted and appliances replaced. Building is within walking distance to all amenities. (POSSIBLE OWNER FINANCING)

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-23T14:17:28.247.

    www.tristarteamre.com/homes/95405174

    1201 W Main Elma, WA 98541

    • Price: $1,199,000
    • Status: Pending
    • Updated: 8 min ago
    • ID#: 1462686
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    9,152
    SQFT
    $131
    $/SQFT
    1977
    Built
    Neighborhood:
    Elma
    County:
    Grays Harbor
    Area:
    Elma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Elma
    Property Description
    Excellent cash flow building with rents well below market. Consists of 2 buildings and a separate building for coin-op laundry. All units are 2 bedroom 1 bath approximately 750 square feet. All units either have a balcony or patio. All units also have assigned parking spaces. In 2014/2015 current owner replaced roof with metal roof, interior and exterior have been repainted and appliances replaced. Building is within walking distance to all amenities. (POSSIBLE OWNER FINANCING)
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Wood Products Foundation Poured ConcreteSlab Garage Spaces 0 Lot Details AlleyCorner LotOpen SpacePaved StreetSidewalk Lot Dimensions 142'X128'x137'x127' Roof Metal Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 13 Uncovered Spaces 13

    Interior Features

    Floor Covering HardwoodSee RemarksVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 750 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 750 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 750 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 750 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 750 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 750 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 7.60 Electrical Expenses 1440 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 114600 Gross Rent Multiplier 10 Gross Scheduled Income 114600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4900 Leased Items None Net Operating Income 91042 New Construction YN No Other Expenses 660 Possession Closing Power Company Pud Right Of First Refusal Yes Septic Approved For Number Of Bedrooms 24 Sewer Sewer Connected Sewer Company City Of Elma Tax Amount 5962 Tax Year 2019 Terms Cash OutConventionalOwner FinancingSee Remarks Third Party Approval Required None Total Expenses EXP 23558 Total Expenses TEX 23558 Total Monthly Income 9550 Unit1 Monthly Rent 775 Unit2 Monthly Rent 775 Unit3 Monthly Rent 775 Unit4 Monthly Rent 775 Unit5 Monthly Rent 775 Unit6 Monthly Rent 775 Vacancy Rate 0 Water Company City Of Elma Water Sewer Garbage 10596 Water Source Community Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by TRI STAR Team | RE/MAX NW and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-23T14:17:28.247.

     
    TRI STAR Team | RE/MAX NW
    300 NE 97th Street
    Seattle WA, 98115
    Listing Courtesy of Keller Williams Rlty Bellevue.