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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
Description
Looking for a great rental property with plenty of "value added potential" Then you will want to look at this 6-unit property!!! This property is located on nearly a full one-acre lot. Almost a half-acre of property is undeveloped and can be turned into storage units or RV Parking or build more rental units!!! You are only limited by your imagination!!!! The property currently cash flows nicely and almost all the units have been remodeled or updated. The vacancy rate is very low due to this properties location. This property is a great value for the right investor!!!! Is that you? This property won't last long!!!
  • Listing #:
    • 2244869
  • Price:
    • $750,000
  • Status:
    • Active
  • Type:
    • 5-9 Units
  • # of Units:
    • 6
  • # of Acres:
    • 0.96
  • Year Built:
    • 1946
  • Address:
    • 1110 W Broadway
  • City:
    • Moses Lake
  • County:
    • Grant
  • State:
    • WA
  • Zip:
    • 98837
  • CDOM:
    • 1
  • Cap Rate:
    • - 6
  • Exterior Features:
    • - Wood
  • :
    • - City
  • Foundation Details:
    • - Poured Concrete
  • Gross Scheduled Income:
    • - $59,064.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $3,139.00
  • Interior Features:
    • - Laminate
  • Leasable Area:
    • - 2,160.00 Square Feet
  • Lot Features:
    • - Curbs
  • Net Operating Income:
    • - $44,005.00
  • Gross Adjusted Income:
    • - 57292
  • Gross Rent Multiplier:
    • - 12
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 10
  • Power Company:
    • - Grant County PUD
  • Sewer Company:
    • - 4002304220
  • Style Code:
    • - 55 - 5-9 Units
  • Total Expenses:
    • - 13287
  • Total Monthly Income:
    • - 4921
  • Units Below Grade:
    • - false
  • Vacancy Rate:
    • - 3
  • Water Company:
    • - City of Moses Lake
  • Water Sewer Garbage:
    • - 5100
  • Zoning Class:
    • - Commercial
  • Zoning Jurisdiction:
    • - City
  • Open Parking Spaces:
    • - 10
  • Open Parking Y/N:
    • - Yes
  • Parcel Number:
    • - 110155000
  • Possible Use:
    • - Commercial
  • Property Condition:
    • - Remodeled
  • Stories Total:
    • - 1
  • Structure Type:
    • - Multi Family
  • Annual Tax Amount:
    • - $5,048.00
  • Tax Year:
    • - 2024
  • View Y/N:
    • - Yes
  • Water Source:
    • - Public

For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email

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