Excellent investment opportunity! Fully occupied! Viewing after mutual acceptance! Unit 1 2300/mo, Unit 2 1350, Unit 3 1600. Assumable loan with 100k down, OAC (25 year am, 6% interest, 3500/mo)! 2 of the 3 rents cover the mortgage! Live in one, rent the others out while building equity and living practically for free. Add instant equity, cash flowing property to your portfolio without a bank to do it! 8.86% cap rate. The spacious main-floor unit offers 1,633 sq ft with 3 bedrooms and 1 bath and is currently available. The middle floor features 1,491 sq ft with 3 bedrooms and 1 bath, while the top unit offers 1,042 sq ft with 2 bedrooms and 1 bath—both upper units have reliable long-term tenants in place. Unit 3 also boasts a balcony with a water view. A detached three-stall garage provides covered parking or storage for each tenant, plus additional off-street parking. A brand-new roof has just been installed, adding extra value and peace of mind. Ideally located near the downtown core, with easy access to schools, and shopping - and outside the flood plain!
Listing Provided Courtesy of Kevin Spivey, Spivey Realty Group, LLC
General Information
NWM2421166
Multi Family
206
DOM
9147.6 SqFt
4209
1904
Grays Harbor
Residential Incom
Multi Family
Listing Provided Courtesy of Kevin Spivey, Spivey Realty Group, LLC
Krishna Realty data last checked: Mar 16, 2026 16:01 | Listing last modified Mar 10, 2026 14:31,
Source:
Excellent investment opportunity! Fully occupied! Viewing after mutual acceptance! Unit 1 2300/mo, Unit 2 1350, Unit 3 1600. Assumable loan with 100k down, OAC (25 year am, 6% interest, 3500/mo)! 2 of the 3 rents cover the mortgage! Live in one, rent the others out while building equity and living practically for free. Add instant equity, cash flowing property to your portfolio without a bank to do it! 8.86% cap rate. The spacious main-floor unit offers 1,633 sq ft with 3 bedrooms and 1 bath and is currently available. The middle floor features 1,491 sq ft with 3 bedrooms and 1 bath, while the top unit offers 1,042 sq ft with 2 bedrooms and 1 bath—both upper units have reliable long-term tenants in place. Unit 3 also boasts a balcony with a water view. A detached three-stall garage provides covered parking or storage for each tenant, plus additional off-street parking. A brand-new roof has just been installed, adding extra value and peace of mind. Ideally located near the downtown core, with easy access to schools, and shopping - and outside the flood plain!
