1201 W Main $1,199,000

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    1201 W Main Elma, WA 98541

    • 0 Beds
    • 0 Baths
    • 9,152 sq.ft.
    • Multi-Family
    Listing# 1462686 | Pending
    Days On Market: 144 11 Views
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    Property Details

    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)

    • General Features
      • County Grays Harbor
      • County Grays Harbor
      • Lot Details Alley, Corner Lot, Open Space, Paved Street, Sidewalk
      • Lot Dimensions 142x128x137x127
      • Lot Square Footage 17,000
      • Number of Stories 2
      • Number of Units 12
      • Style 56-10+ Units
      • Year Built 1977
    • Building Features
      • Roof Metal
      • Exterior Wood Products
      • Amenities Coin Op Laundry
      • Approx SqFt 9,152
      • Floor Covering Hardwood, See Remarks, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $9,550
      • Net Operating Income $91,042
      • Gross Scheduled Income $114,600
      • Gross Adjusted Income $114,600
      • Total Expenses $23,558
      • Other Expenses $660
      • Insurance Expenses $4,900
      • Expenses $23,558
      • Heating Expenses $0
      • Electrical Expenses $1,440
      • Gross Rent Multiplier 10
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $5,962
      • Energy Source Electric
      • Heating and Cooling Wall
      • Water Company City of Elma
      • Sewer Company Sewer Connected
    • Schools
      • School District Elma
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98541 (Elma) Demographics

    41Median Age
    46Population Density (per sq. mile)
    24%College Educated
    $45,638 Estimated Median Income
    2,527Estimated Total Home Owners
    1,059Estimated Total Renters
    70% / 30%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    9,799Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $170,200 Median Sales Price
    7 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,199,000
        6/12/2019 1:11:06 PM Status Changed Source New Value: Pending
        5/31/2019 2:51:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.