1302-1308 Shaker Place
Moses Lake, WA 98837
$850,000
Price
—
Beds
4,752 Sq. Ft.
$179 / Sq. Ft.
4,752
Sq. Ft.
$179
per Sq. Ft.
Listed By Compass
Listed By Compass
Listing provided courtesy of COMPASS
Description
This exceptional property consists of 2 duplexes, offering a total of 4 well-maintained rental units (1302, 1304, 1306, 1308) with a strong rental history. Ideal for savvy investors or for those looking to reside in one unit while leasing out the others. Nestled in a highly sought-after location, these units offer unparalleled convenience. Each unit is equipped with its own washer/dryer, complete set of kitchen appliances, single-car garage, underground sprinklers, & partially fenced backyard. Some...This exceptional property consists of 2 duplexes, offering a total of 4 well-maintained rental units (1302, 1304, 1306, 1308) with a strong rental history. Ideal for savvy investors or for those looking to reside in one unit while leasing out the others. Nestled in a highly sought-after location, these units offer unparalleled convenience. Each unit is equipped with its own washer/dryer, complete set of kitchen appliances, single-car garage, underground sprinklers, & partially fenced backyard. Some units have been recently upgraded with new AC units, LVP flooring, carpet & paint, enhancing their appeal. Two separate parcels available, totaling 8 rental units. Lots are subdividable to allow for one duplex per lot. Buyer to verify with city.
Listing Agent
![Jeff Thompson]()
jeff.thompson@compass.comP: 206.618.0326
Property Details for 1302-1308 Shaker Place
Community Name
Garden Heights
School DistrictMoses Lake
Number of Assigned Spaces12
Total Covered Parking4
Entry Date07-12-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 09/05/2024 05:49 AM
Property Details for 1302-1308 Shaker Place
| Status | Active |
|---|---|
| MLS # | 2264318 |
| Days on Market | 70 |
| Cumulative Days on Market | 54 |
| Taxes | $5,056 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1994 |
| Lot Size | 0.29 AC / 12,632 SF |
| County | Grant County |
| Buyer's Agent Compensation | 2.25% |
Building Information for 1302-1308 Shaker Place
Stories2Residences4Year Built1994Building Size-Lot Size0.29 AC / 12,632 SF
Property Information for 1302-1308 Shaker Place
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Fenced-Partially, Patio, Sprinkler System
- Area: 295 - South Moses Lake
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: S. on Division, left on Nelson Rd, right on Shaker Pl, units are on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://tours.satellitestreet.com/236331
- Virtual Tour URL Description: Virtual Tour
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: Vinyl, Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Amenities: Thermal Windows
- Cooling: Yes
- Cooling: Central A/C
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 5035
- Power Company: Grand County PUD
- Sewer Company: City of Moses Lake
- 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: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1994
- Photos Count: 31
Lot Information
- Lot Details: Cul-De-Sac, Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 311572000
- Building Condition: Good
- Calculated Square Footage: 4752
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4752.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $118
- Total Expenses: 15123
- Gross Adjusted Income: 55937
- Gross Rent Multiplier: 16.1
- Gross Scheduled Income: $55,937
- Insurance Expense: $1,131
- Net Operating Income: $40,813
- Other Expenses: $3,783
- Total Monthly Income: 4995
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4752.0
- Leasable Area Units: Square Feet
Property History for 1302-1308 Shaker Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1302-1308 Shaker Place
This home is within Moses Lake School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Garden Heights Elementary School PublicK to 5 | ||
Chief Moses Middle School Public6 to 8 | ||
Moses Lake High School Public9 to 12 | ||
Moses Lake Big Picture 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.
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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COMPASS
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.
