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1006 W Third Ave
Moses Lake, WA 98837

  • $1,150,000
  • STATUS: Pending
  • ON SITE: 1666 days
  • ID#: 401466
Under Contract
UPDATED: 80 min ago
$1,150,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,000
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Windermere R.E. K-2 Realty.

Description

Great 45 unit income producing property with a 95%+ occupancy rate for the last 5 years. An additional two units are possible in the old hot tub/storage room. All hook ups are to the building. An acceptable offer will include repaving paid by the seller. (Hooked up to city sewer two years ago damaging pavement.) Existing in ground pool has not been used for the last 5 years. It is completely fenced and covered.

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-30T09:14:27.883.

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www.home4investment.com/homes/25367119

1006 W Third Ave Moses Lake, WA 98837

  • Price: $1,150,000
  • Status: Pending
  • Updated: 80 min ago
  • ID#: 401466
0
Beds
0
Baths
0
½ Baths
0.92
Acres
11,000
SQFT
$105
$/SQFT
1960
Built
Neighborhood:
Downtown
County:
Grant
Area:
Grant County Moses Lk Peninsula
Elementary School:
Midway Learng Cntr
Middle School:
Frontier Mid
High School:
Moses Lake High
School District:
Moses Lake
Property Description
Great 45 unit income producing property with a 95%+ occupancy rate for the last 5 years. An additional two units are possible in the old hot tub/storage room. All hook ups are to the building. An acceptable offer will include repaving paid by the seller. (Hooked up to city sewer two years ago damaging pavement.) Existing in ground pool has not been used for the last 5 years. It is completely fenced and covered.
Exterior Features

Carport Spaces 0 Exterior BrickWood Products Foundation Slab Garage Spaces 0 Lot Details Dead End Street Pool In-Ground Roof See RemarksTile Stories In Building 1 Style 56 - 6-9 Units Total Parking Spaces 54 Uncovered Spaces 54

Interior Features

Floor Covering Ceramic TileVinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 500 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven N Unit2 Refrigerator Y Unit2 Sq Ft 275 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven N Unit3 Refrigerator Y Unit3 Sq Ft 252 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven N Unit4 Refrigerator Y Unit4 Sq Ft 216 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator Y Unit5 Sq Ft 275 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator Y Unit6 Sq Ft 275 Unit6 Washer Dryer N Units Below Grade N

Property Features

Amenities Coin Op Laundry Bank Owned No Cap Rate 12.00 Electrical Expenses 15894 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 225400 Gross Rent Multiplier 5 Gross Scheduled Income 230000 Heating Expenses 750 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6533 Leased Items None Lot Number 8-11 & Tax#3507 Net Operating Income 143542 Other Expenses 37056 Possession ClosingSub. Tenant's Rights Power Company Grant County Pud Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Moses Lake Site Features Cable TVHigh Speed Internet Tax Amount 8444 Tax Year 2015 Terms Cash Out Third Party Approval Required None Total Expenses EXP 81858 Total Expenses TEX 81858 Total Monthly Income 18739 Unit1 Monthly Rent 525 Unit2 Monthly Rent 450 Unit3 Monthly Rent 425 Unit4 Monthly Rent 400 Unit5 Monthly Rent 450 Unit6 Monthly Rent 450 Vacancy Rate 2 Water Company City Of Moses Lake Water Sewer Garbage 13181 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-30T09:14:27.883.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Windermere R.E. K-2 Realty.