1525 Monroe St $3,100,000

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    1525 Monroe St Moses Lake, WA 98837

    • 0 Beds
    • 0 Baths
    • Multi-Family
    Listing# 1507779 | Active
    Days On Market: 58 0 Views
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    Property Details

    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 will start being rented by the end of month.This development comes with a one year contractors workmanship warranty.All units come complete with appliances granite or quartz counter tops,under mount sinks, tile floors.Make your appointment to see it today.

    • General Features
      • County Grant
      • County Grant
      • Lot Details Paved Street, Sidewalk
      • Lot Square Footage 37,026
      • New Construction Completed
      • Number of Stories 2
      • Number of Units 16
      • Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Sprinkler System
      • Style 56-10+ Units
      • View City
      • Year Built 2019
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Approx SqFt 0
      • Floor Covering Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $288,000
      • Net Operating Income $254,588
      • Gross Scheduled Income $288,000
      • Gross Adjusted Income $279,360
      • Total Expenses $24,772
      • Other Expenses $0
      • Insurance Expenses $1,500
      • Expenses $24,772
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 10
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $2,152
      • Energy Source Electric
      • Heating and Cooling Heat Pump
      • Water Company City of ML
      • Sewer Company Sewer Connected
    • Schools
      • School District Moses Lake
      • Senior High Moses Lake High
      • Junior High Chief Moses Mid
      • Elementary School Garden Heights Elem

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    Neighborhood

    98837 (Moses Lake) Demographics

    33Median Age
    85Population Density (per sq. mile)
    27%College Educated
    $48,404 Estimated Median Income
    8,891Estimated Total Home Owners
    5,448Estimated Total Renters
    62% / 38%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    41,130Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $245,000 Median Sales Price
    49 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,100,000
        8/21/2019 4:31:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.