1110 West Broadway Avenue

Moses Lake, WA 98837

$750,000
Price
6
Beds
6
Baths
2,916 Sq. Ft.
$257 / Sq. Ft.
2,916
Sq. Ft.
$257
per Sq. Ft.

Description

Looking for a great rental property with plenty of "value added potential" Then you will want to look at this 6-unit property! This property is located on nearly a full one-acre lot. Almost a half-acre of property is undeveloped and can be turned into storage units or RV Parking or build more rental units! You are only limited by your imagination! The property currently cash flows nicely and almost all the units have been remodeled or updated. The vacancy rate is very low due to this properties location....Looking for a great rental property with plenty of "value added potential" Then you will want to look at this 6-unit property! This property is located on nearly a full one-acre lot. Almost a half-acre of property is undeveloped and can be turned into storage units or RV Parking or build more rental units! You are only limited by your imagination! The property currently cash flows nicely and almost all the units have been remodeled or updated. The vacancy rate is very low due to this properties location. This property is a great value for the right investor! Is that you? This property won't last long!
  1. Listed by Doug Robins • Realty Executives Grant County

Property Details for 1110 West Broadway Avenue

Community Name
Peninsula
School District
Moses Lake
View
City
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
05-30-2024
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Realty Executives Grant County
Add your commute
LISTING UPDATED: 05/30/2024 08:30 PM

Property Details for 1110 West Broadway Avenue

StatusActive
MLS #2244869
Days on Market27
Cumulative Days on Market27
Taxes$5,048 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.96 AC / 41,818 SF
CountyGrant County

Location

Listing Courtesy of Realty Executives Grant County
Add your commute

Building Information for 1110 West Broadway Avenue

Stories1Residences6Year Built1946Building Size-Lot Size0.96 AC / 41,818 SF

Payment Calculator

$4,514 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1110 West Broadway Avenue

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 296 - Peninsula
  • Effective Year Built Source: Public Records
  • Directions: Take West Broadway property will be on your left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Features: Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5100
  • Power Company: Grant County PUD
  • Sewer Company: 4002304220
  • Water Company: City of Moses Lake
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • MLS Square Footage Source: realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1946
  • Photos Count: 18
Lot Information
  • Lot Details: Curbs
  • Lot Size Source: county
  • Parcel Number Free Text: 110155000
  • Building Condition: Remodeled
  • Calculated Square Footage: 2916
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2916.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 6
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13287
  • Gross Adjusted Income: 57292
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $59,064
  • Insurance Expense: $3,139
  • Net Operating Income: $44,005
  • Other Expenses: $0
  • Total Monthly Income: 4921
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $750.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $998.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Rent Unit 3: $750.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Rent Unit 4: $750.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Rent Unit 5: $998.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Rent Unit 6: $675.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2160.0
  • Leasable Area Units: Square Feet

Property History for 1110 West Broadway Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1110 West Broadway Avenue

Taxable ValueLand$146,360Additions$191,792Total$338,152
Home Facts
Total Finished SqFt1,156 SqFtAbove Ground SqFt1,156 SqFtStories1Lot Size41,818 SqFtStyleMulti-Family Dwelling (2-4)Year Built1946CountyGRANTAPN110155000

Schools near 1110 West Broadway Avenue

This home is within Moses Lake School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mlc/Discover Elementary School
PublicPK to 6

Frontier Middle School
Public6 to 8

Moses Lake High School
Public9 to 12

Skill Source Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1110 West Broadway Avenue is a multi-family home for sale in Moses Lake, WA 98837. This property was listed for sale on May 30, 2024 by Realty Executives Grant County, it's currently listed at $750,000. It has been on the market for a total of 27 days and was last sold on June 25, 2022. This listing's school district is Moses Lake School District. Nearby schools include Mlc/Discover Elementary School, Frontier Middle School and Moses Lake High School. 1110 West Broadway Avenue is a 6-bed, 6-bath, 2,916 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Grant County

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.