Elma, WA 98541,322 E 2nd ST
Listed by Windermere RE/Aberdeen
Bought with John L. Scott CNT

$1,400,000

Est. payment /mo

$1,800,000

22.2%
Est.Price: ?

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322 E 2nd ST Elma, WA 98541

20,288 SqFt

SOLD DATE : 07/01/2020

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 20,288 sqft

Price per Sqft $69

Subdivision Elma

MLS Listing ID 1587812

Sold Date 07/01/20

Style 56 - 10+ Units

Year Built 1978

Annual Tax Amount $11,433

Lot Size 1.410 Acres

Property Sub-Type Multi-Family

Property Description

24 Unit (16-2 Bedroom, 1 Bath and 8-1 Bedroom, 1 Bath) apartment complex located Elma. The property consists of 3 Buildings with recent upgrades to all staircases and balconies. Recent updates include new outside stairs and balconies. All 3 roofs have been replaced within the last 10 years. Located within 25 minutes of Olympia and Aberdeen. Most rents are currently below market, which gives the potential for increased cash flow. Coin-Op laundry on site.

Location

State WA

County Grays Harbor

Area 200 - Elma

Interior

Interior Features Concrete, Wall to Wall Carpet

Flooring Concrete, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric

Amenities Available Cable TV, Dock, High Speed Internet

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Elma Elem

Middle Schools Elma Mid

High Schools Elma High

School District Elma

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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