314 M Street
314 M Street
Hoquiam, WA 98550
$540,000
Price
5
Beds
2.5
Baths
2,820 Sq. Ft.
$191 / Sq. Ft.
2,820
Sq. Ft.
$191
per Sq. Ft.
Listing provided courtesy of Western Pacific Property Srvcs
Description
Don't miss this one! Looking for multi-generational housing? Already established, turnkey furnished rental opportunity or just a really neat lifestyle with a second house for guests? This is it! Live in the big 4-bedroom house and make friends your neighbor in the second 1-bedroom home. Or you can lease it out for income unfurnished or continue the already established, profitable furnished corporate/travel employee business established. So many possibilities here! Selling both homes, utilities paid...Don't miss this one! Looking for multi-generational housing? Already established, turnkey furnished rental opportunity or just a really neat lifestyle with a second house for guests? This is it! Live in the big 4-bedroom house and make friends your neighbor in the second 1-bedroom home. Or you can lease it out for income unfurnished or continue the already established, profitable furnished corporate/travel employee business established. So many possibilities here! Selling both homes, utilities paid by tenant. Can be sold furnished or unfurnished! Seller is willing to finance smaller home, call for details. Listed individually as well. See NWMLS #2234254, 223368 for more info and more pictures.
- Listed by Miranda Henderson • Western Pacific Property Srvcs
Property Details for 314 M Street
Community Name
Hoquiam
School DistrictHoquiam
Number of Assigned Spaces5
Total Covered Parking1
Entry Date05-10-2024
Energy SourceElectric,Natural Gas,Wood
SewerSewer Connected
Location
Listing Courtesy of Western Pacific Property Srvcs![]()
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LISTING UPDATED: 05/20/2024 01:39 PM
Property Details for 314 M Street
| Status | Active |
|---|---|
| MLS # | 2234346 |
| Days on Market | 14 |
| Cumulative Days on Market | 14 |
| Taxes | $3,411 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1903 |
| Lot Size | 0.24 AC / 10,656 SF |
| County | Grays Harbor County |
Location
Listing Courtesy of Western Pacific Property Srvcs![]()
Add your commute
Building Information for 314 M Street
Stories2Residences2Year Built1903Building Size-Lot Size0.24 AC / 10,656 SF
Payment Calculator
$3,231 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,947
Property Taxes
$284
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 314 M Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Dog Run, Fenced-Partially, Gas Available, Outbuildings, Patio
- Area: 197 - Hoquiam
- Elementary School: Central Elem
- Middle Or Junior School: Hoquiam Mid
- High School: Hoquiam High
- Effective Year Built Source: Public Records
- Directions: From Aberdeen. Sumner Ave, cross bridge, turn L onto 6th, turn R onto K street, turn L onto 5th, turn R onto M St. The home at 314 M St is on your Left. Continue to turn L onto 3rd and 709 3rd is on L
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
- Additional Tax Ids: 051801500101
Parking
- Number of Carport Spaces: 1.0
- Carport: No
- Open Parking Spaces: 3.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Laminate, Vinyl Plank, Carpet
- Features: Laminate Hardwood, Wall to Wall Carpet
- Cooling: Yes
- Cooling: Window Unit A/C
- Fireplace: No
- Heating: Yes
- Heating: Stove/Free Standing, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Grays Harbor PUD
- Sewer Company: City of Hoquiam
- Water Company: City of Hoquiam
- Power Production Type: Electric, Natural Gas, Wood
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Pillar, Poured Concrete
- MLS Square Footage Source: county
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1913
- Photos Count: 40
Lot Information
- Lot Details: Sidewalk
- Lot Size Source: county
- Parcel Number Free Text: 051801501400
- Calculated Square Footage: 2820
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2820.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5469
- Gross Adjusted Income: 42540
- Gross Rent Multiplier: 11.25
- Gross Scheduled Income: $48,000
- Insurance Expense: $2,058
- Net Operating Income: $3,244
- Other Expenses: $0
- Total Monthly Income: 4000
- Fuel Expense: $0
Unit 1
- Name Unit 1: 314 M St
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Rent Unit 1: $2,100.00
- Bedrooms Unit 1: 4
- Fireplaces Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 709 3rd St
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Rent Unit 2: $1,900.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2820.0
- Leasable Area Units: Square Feet
Property History for 314 M Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 314 M Street
Taxable ValueLand$19,800Additions$190,043Total$209,843
Tax Record2023$2,320 ($193 / month)
Home Facts
Beds3Total Finished SqFt2,276 SqFtAbove Ground SqFt2,276 SqFtStories2Lot Size5,489 SqFtStyleSingle Family ResidenceYear Built1904CountyGRAYS HARBORAPN051801501400Fireplace TypeHas Fireplace
Schools near 314 M Street
This home is within Hoquiam School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | K to 1 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Lincoln Elementary School PublicPK to 3 | ||
Emerson Elementary School PublicK to 1 | ||
Central Elementary School Public4 to 5 | ||
Hoquiam Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Western Pacific Property Srvcs
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.