10
See all 10 photos
Listed by:Riley Jackson Real Estate Inc. • Kayci Rebal
$1,100,000
Est. payment /mo
10 Beds
4 Baths
5,088 SqFt
Active
102 Garden Hill RD W Elma, WA 98541
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,088 sqft
Price per Sqft $216
Subdivision Strawberry Hill
MLS Listing ID 2480941
Style 54 - 4-Plex
Bedrooms 10
Year Built 1979
Annual Tax Amount $8,558
Lot Size 8.990 Acres
Property Sub-Type Multi Family
Property Description
Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.
Location
State WA
County Grays Harbor
Area 200 - Elma
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Garage Spaces 4.0
Amenities Available Cable TV, High Speed Internet
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved, Secluded
Sewer Septic Tank
Water Public
New Construction No
Schools
School District Elma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
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