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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
Description
This exceptional property consists of 2 duplexes, offering a total of 4 well-maintained rental units (1302, 1304, 1306, 1308) with a strong rental history. Ideal for savvy investors or for those looking to reside in one unit while leasing out the others. Nestled in a highly sought-after location, these units offer unparalleled convenience. Each unit is equipped with its own washer/dryer, complete set of kitchen appliances, single-car garage, underground sprinklers, & partially fenced backyard. Some units have been recently upgraded with new AC units, LVP flooring, carpet & paint, enhancing their appeal. Two separate parcels available, totaling 8 rental units. Lots are subdividable to allow for one duplex per lot. Buyer to verify with city.
  • Listing #:
    • 2264318
  • Price:
    • $850,000
  • Status:
    • Active
  • Type:
    • 4-Plex
  • # of Units:
    • 4
  • # of Acres:
    • 0.29
  • Year Built:
    • 1994
  • Address:
    • 1302 Shaker Place
  • City:
    • Moses Lake
  • County:
    • Grant
  • State:
    • WA
  • Zip:
    • 98837
  • CDOM:
    • 1
  • Cap Rate:
    • - 4.8
  • Cooling Y/N:
    • - Yes
  • Covered Spaces:
    • - 4
  • Electric Expense:
    • - 118
  • Exterior Features:
    • - Metal/Vinyl
  • :
    • - Sewer Connected
  • Foundation Details:
    • - Poured Concrete
  • Green Energy Efficient:
    • - Thermal Windows
  • Gross Scheduled Income:
    • - $55,937.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $1,131.00
  • Interior Features:
    • - Wall to Wall Carpet
  • Leasable Area:
    • - 4,752.00 Square Feet
  • Lot Features:
    • - Cul-De-Sac
    • - Curbs
    • - Paved
    • - Sidewalk
  • Net Operating Income:
    • - $40,813.00
  • Amenities:
    • - Thermal Windows
  • Gross Adjusted Income:
    • - 55937
  • Gross Rent Multiplier:
    • - 16.1
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 8
  • Power Company:
    • - Grand County PUD
  • Sewer Company:
    • - City of Moses Lake
  • Site Features:
    • - Cable TV
    • - Fenced-Partially
    • - Patio
    • - Sprinkler System
  • Style Code:
    • - 54 - 4-Plex
  • Total Expenses:
    • - 15123
  • Total Monthly Income:
    • - 4995
  • Units Below Grade:
    • - false
  • Water Company:
    • - City of Moses Lake
  • Water Sewer Garbage:
    • - 5035
  • Zoning Class:
    • - Multi-Family
  • Zoning Jurisdiction:
    • - City
  • Open Parking Spaces:
    • - 8
  • Open Parking Y/N:
    • - Yes
  • Other Expense:
    • - 3783
  • Parcel Number:
    • - 311572000
  • Possible Use:
    • - Multi-Family
  • Property Condition:
    • - Good
  • Security Features:
    • - FullyFenced
  • Stories Total:
    • - 2
  • Structure Type:
    • - Quadruplex
  • Annual Tax Amount:
    • - $5,056.00
  • Tax Year:
    • - 2024
  • 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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