$3,600,000 1525 Monroe Street Moses Lake, WA

MLS: 1507779   Type: Multi-Family   County: Grant   City: Moses Lake   Area: South Moses Lake   Neighborhood: Garden Heights   Zip: 98837   Style: 10+ Units     Stories: 2   Taxes: $2,152

Mortgage $16,901 /mo

Beds

Baths

Half Baths

Acres

Built

0

0

0

0.85

2019

Looking for a multi family property with a great cap return and a huge upside then this is it. This brand new development with 16 units is just what you are looking for and you can even set your own rental price. Units are fully rented all units come complete with appliances granite or quartz counter tops, under mount sinks, tile floors, full laundry room in each unit.

Elementary School

Middle School

High School

Garden Heights Elem
Distance: 0.23 Miles
Chief Moses Mid
Distance: 0.41 Miles
Moses Lake High
Distance: 0.24 Miles

Price History

10/14/2020 Listed $3,300,000

Building Area Units Square Feet
Carport Spaces 0
Carport Y/N N
City Moses Lake
County Grant
Directions Heading North on Pioneer Way, turn left onto Sharon. Units are located at the corner of Sharon and Monroe.
Electric Expense 0
Elementary School Garden Heights Elem
Exterior Features Wood
Flooring Ceramic Tile, Laminate, Carpet
Fuel Expense 0
High School Moses Lake High
High School District Moses Lake
Insurance Expense 1500
Interior Features Ceramic Tile, Laminate Hardwood
Leasable Area 23920
MLS Area 295 - South Moses Lake
Middle/Junior High School Chief Moses Mid
Net Operating Income 254588
New Construction Y
Open Parking Spaces 36
Possession Closing
Possible Use Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Very Good
Roof Composition
Senior Community Y/N N
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Monroe
Structure Type Multi Family
Subdivision Name Garden Heights
Tax Annual Amount 2152
Tax Year 2019
Terms Cash Out, Conventional
Total Units 16
Units Below Grade false
Units In Building Total 16
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
View City
Water Company City of ML
Water Sewer Garbage 21120
Year Built 2019
Zoning Class Multi-Family

Interior Features

Air Conditioning Y/N Y
Electric On Property Y/N N
Fireplace Y/N N
Furnished Y/N Unfurnished
Heating Y/N Y
Living Area 0
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 0
Covered Spaces 0
Foundation Details Poured Concrete
Irrigation Water Rights Y/N N
Lot Features Paved, Sidewalk
Lot Size Acres 0.85
Lot Size Square Feet 37026
Lot Size Units Square Feet
Open Parking Y/N Y
Parking Uncovered Spaces 36
Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Sprinkler System
Total Parking 36
View Y/N Y
Water Source Public
Waterfront Y/N N

Property Schools



Direct Link:

https://www.moseslakehomes.com/property/21-1507779-1525-Monroe-Street-Moses-Lake-WA-98837

Gallery (23 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (98837)

Price 3.60M Avg 1.38M

Taxes $2,152 Avg $2,427

Acres 0.85 Avg 1.11

Visits 273 Avg 196

Walkscore® 48 Avg 31

Data Provided by Walkscore ® not using MLS data

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Location & Address

Better Homes and Gardens Real Estate Gary Mann Realty
221 S Balsam St
Moses Lake, WA
509-761-3495
888-653-0014