1111 Chenault Avenue, Hoquiam, WA

About 1111 Chenault Avenue

Turnkey investment opportunity with owner-occupancy potential! Live in one unit while generating rental income from the others, or add a strong income-producing property to your portfolio. This well-maintained triplex features two units in the front building and a separate rear unit with its own private entrance, garage space, and alley access. Unit 1 offers 2 bedrooms and 1 bath on the main level. Unit 2 features 1 bedroom, 2 baths, and a dedicated office upstairs, making it an excellent owner-occupied option. Unit 3 includes 2 bedrooms, 1 bath, private entry, garage space, and added privacy. Each unit has its own laundry facilities for added tenant convenience. Recent updates include fresh interior paint and new flooring. A spacious side yard, driveway, and off-street parking enhance the property's appeal. The upstairs unit is expected to be fully leased by the end of July, offering flexibility for buyers who wish to occupy it before leasing or simply acquire a fully rented asset. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this Hoquiam triplex offers flexible living arrangements, solid rental potential, and an excellent opportunity to build long-term wealth.

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