618 Basin Street Northwest

Ephrata, WA 98823

$450,000
Price
Beds
4,814 Sq. Ft.
$93 / Sq. Ft.
4,814
Sq. Ft.
$93
per Sq. Ft.

Description

Former motel that has ben converted into one commercial space and 4 apartments. Owner pays w/s/g and electrical. Great cash flow, most are long term tenantsFormer motel that has ben converted into one commercial space and 4 apartments. Owner pays w/s/g and electrical. Great cash flow, most are long term tenants
  1. Listed by Theresa Bennett Scheib • United Country RE - Patrick RE

Property Details for 618 Basin Street Northwest

Community Name
Ephrata
School District
Ephrata
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
06-15-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:07 PM

Property Details for 618 Basin Street Northwest

StatusActive
MLS #2252790
Days on Market186
Cumulative Days on Market150
Taxes$2,084 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.64 AC / 27,692 SF
CountyGrant County

Building Information for 618 Basin Street Northwest

Stories1Residences5Year Built1936Building Size-Lot Size0.64 AC / 27,692 SF

Property Information for 618 Basin Street Northwest

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 291 - North Central Grant County
  • Block: Pierce & McGrath 1st Add
  • Directions: From intersection of Basin St and Division, north 6 blocks to building on right, corner of Basin St NW and 7th Ave NW
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 140385000
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 12.0
  • 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
  • Cooling: Yes
  • Cooling: Wall Unit(s), Window Unit A/C
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Metal
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 10595.41
  • Power Company: Grant Co PUD
  • Sewer Company: City of Ephrata
  • Water Company: City of Ephrata
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Multi-Family,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family, See Remarks
  • MLS Square Footage Source: assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 2
Lot Information
  • Lot Number: ptn8, Lots 9-12
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 140384000
  • Building Condition: Fair
  • Calculated Square Footage: 4814
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4814.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $5,485
  • Total Expenses: 24563.84
  • Gross Adjusted Income: 69600
  • Gross Rent Multiplier: 6.47
  • Gross Scheduled Income: $69,600
  • Insurance Expense: $6,400
  • Net Operating Income: $45,036
  • Other Expenses: $0
  • Total Monthly Income: 5800
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4814.0
  • Leasable Area Units: Square Feet

Property History for 618 Basin Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 618 Basin Street Northwest

Taxable ValueLand$78,000Additions-Total$78,000
Home Facts
Lot Size19,500 SqFtStyleStoresCountyGRANTAPN140384000

Schools near 618 Basin Street Northwest

This home is within Ephrata School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 8 to 12
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Beezley Springs Elementary School
PublicPK to 1

Sage Hills High School
Public8 to 12

Ephrata High School
Public9 to 12

Sage Hills Open Doors
Public10 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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618 Basin Street Northwest is a multi-family home for sale in Ephrata, WA 98823. This property was listed for sale on June 15, 2024 by United Country RE - Patrick RE, it's currently listed at $450,000. This listing's school district is Ephrata School District. Nearby schools include Beezley Springs Elementary School, Sage Hills High School and Ephrata High School. 618 Basin Street Northwest is a 0-bed, 0-bath, 4,814 sqft multi-family home built in 1936.

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 United Country RE - Patrick RE

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.