428 Division St $279,000

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    428 Division St Soap Lake, WA 98851

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 1557130
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    Views: 2 Days On Market: 7

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    Property Details

    Multi-family Moneymaker in adorable Soap Lake! All the hard work has been done. 5 rental units (1 apt., 4 trailers) all with current, stable renters PLUS 9 full time RV sites (4 rented) AND coin op laundry. Recent improvements made to make the park easy to manage remotely included Arlo security cameras and chargers, security lighting, wireless remote door locks, internet access, fencing, repairs, replaced aging appliances and evictions of troublesome tenants. Must call for appointment.

    • General Features
      • County Grant
      • County Grant
      • Lot Details Alley, Curbs, Paved Street
      • Lot Square Footage 22,216
      • Number of Stories 1
      • Number of Units 0
      • Selling Office Commission 3
      • Style 56-10+ Units
      • Year Built 1958
    • Building Features
      • Roof Built-Up
      • Exterior Cement/Concrete, Metal/Vinyl
      • Amenities Coin Op Laundry
      • Approx SqFt 0
      • Floor Covering Laminate Hardwood
    • Financials
      • Total Monthly Income $5,925
      • Net Operating Income $47,479
      • Gross Scheduled Income $71,100
      • Gross Adjusted Income $47,479
      • Total Expenses $23,621
      • Other Expenses $0
      • Insurance Expenses $1,243
      • Expenses $23,621
      • Heating Expenses $0
      • Electrical Expenses $7,800
      • Gross Rent Multiplier 4
    • Utilities and Taxes
      • Tax Year 2020
      • Tax Amount $527
      • Energy Source Electric
      • Heating and Cooling Baseboard, Wall
      • Water Company Soap Lake
      • Sewer Company Sewer Connected
    • Schools
      • School District Soap Lake
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98851 (Soap Lake) Demographics

    53 Median Age
    25 Population Density (per sq. mile)
    28% College Educated
    $35,490 Estimated Median Income
    1,250 Estimated Total Home Owners
    502 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    3,904 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $57,000 Median Sales Price
    4 Homes Sold
    8 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $279,000
        2/14/2020 3:41:00 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, 2020. 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.