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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
Description
Unique 5-unit property available for investment or owner occupancy within close distance of the Grant County Fairgrounds in Moses Lake. Exterior features include: gravel parking area, grass yard space with storage shed. Block exterior on 4-plex with new double pane windows, metal roofing on 4 plex and detached single wide, septic system on property, fully fenced lot with entry gate, underground sprinkler system for yard/trees/shrubs. Common area for laundry and storage area. Interior features include of 4 plex include: heating/cooling, kitchen appliances included, unit 1 and 3 fully remodeled with LVP, cabinets, countertops. Separate 2 bed 2 bath single wide. Property currently generates $4800/month in gross rent fully leased.
  • Listing #:
    • 2279885
  • Price:
    • $629,000
  • Status:
    • Active
  • Type:
    • 4-Plex
  • # of Units:
    • 5
  • # of Acres:
    • 0.45
  • Year Built:
    • 1978
  • Address:
    • 8280 NE Terminal Drive
  • City:
    • Moses Lake
  • County:
    • Grant
  • State:
    • WA
  • Zip:
    • 98837
  • CDOM:
    • 1
  • Bedrooms Possible:
    • - 5
  • Cap Rate:
    • - 7.8
  • Cooling Y/N:
    • - Yes
  • Exterior Features:
    • - Brick
    • - Wood Products
  • :
    • - Territorial
  • Foundation Details:
    • - Tie Down
  • Gross Scheduled Income:
    • - $57,600.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $1,336.92
  • Interior Features:
    • - Ceramic Tile
    • - Wall to Wall Carpet
  • Leasable Area:
    • - 3,674.00 Square Feet
  • Lot Features:
    • - Dead End Street
    • - Paved
  • Net Operating Income:
    • - $48,816.00
  • Amenities:
    • - Coin Op Laundry
  • Gross Adjusted Income:
    • - 8772
  • Gross Rent Multiplier:
    • - 10.85
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 10
  • Power Company:
    • - Grant PUD
  • Sewer Company:
    • - Septic
  • Site Features:
    • - Fenced-Partially
    • - High Speed Internet
  • Style Code:
    • - 54 - 4-Plex
  • Total Expenses:
    • - 8907.84
  • Total Monthly Income:
    • - 4800
  • Units Below Grade:
    • - false
  • Vacancy Rate:
    • - 95
  • Water Company:
    • - Cascade Water
  • Water Sewer Garbage:
    • - 3832.92
  • Zoning Class:
    • - Multi-Family
  • Open Parking Spaces:
    • - 10
  • Open Parking Y/N:
    • - Yes
  • Parcel Number:
    • - 120553000
  • Possible Use:
    • - Multi-Family
  • Property Condition:
    • - Good
  • Security Features:
    • - FullyFenced
  • Stories Total:
    • - 1
  • Structure Type:
    • - Quadruplex
  • Annual Tax Amount:
    • - $3,738.00
  • Tax Year:
    • - 2023
  • View Y/N:
    • - Yes
  • Water Source:
    • - Community

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

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