3013 W Lakeside Drive, Moses Lake, WA 98837
- $1,500,000
- 3,400
- SqFt
Listing courtesy of BHGRE Gary Mann Realty.
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2239897
- Days on Market
- 86
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,400
- Area Total SqFt
- 3400
- Annual Tax Ammount
- 5099
- Lot Size (sq ft)
- 8,712
- Sewer
- Sewer Connected
Property Description
Where waterfront living meets investment opportunity. This multi-family property boasts 65'+/- of prime waterfront access with a 55' wide dock & Bulkhead, perfect for boating, fishing, or just relaxing. Enjoy the serene eastern shade in the backyard in the evenings while taking in the beautiful views of the lake. Property features large backyard w/ UGS & mature landscaping. Interior boasts 5 remodeled apartments, w/ newer flooring, appliances, fixtures, and more. Apts. 1,2,3,4 are 1bd 1 ba units, apt 5 is a 3bd 2ba unit. Imagine waking up to the sound of the lake and enjoying the beautiful views while having a cup of coffee. This is a rare opportunity to own a piece of paradise in Moses Lake, Don't miss out on this one-of-a-kind property!
Additional Information
- List Date
- 2024-06-13 12:48:59
- Community
- Moses Lake
- Net Operating Income
- $91,577
- Gross Scheduled Income
- $102,600
- Total Monthly Income
- $9,128
- Insurance Expenses
- $3,675
- Water/Sewer/Garbage Expenses
- $1,749
- Gross Rent Multiplier
- 14.6
- Total Expenses
- $11,023
- Cap Rate
- 6
- Total Number of Units
- 5
- Unit Name
- 3013
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1953
- Waterfront
- Yes
- View
- Lake, Territorial
- Roof
- Composition
- Site Features
- Deck, Dock, Fenced-Partially, High Speed Internet, Sprinkler System
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- Moses Lake
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $9,128
- Gross Scheduled Income
- $102,600
- Tax Year
- 2023
- Insurance Expense
- $3,675
- W/S/G Expenses
- $1,749
- Total Expenses
- $11,023
- Net Operating Income
- $91,577
- Gross Rent Multiplier
- 14.6
- Cap Rate
- 6
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