$1,500,000
Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials • Annual Gross Income: $140,000 • Cap Rate: 7.13% Recent roofs (approx. 5 years old). Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.
2553817
MLS
⋅
ACTIVE
Status
106 Garden Hill Road W, Elma
Listing Broker: Abbey Realty Inc; Josh Abbey; 360-280-7551; joshabbey@gmail.com
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