430 NE 1st Ave

    Soap Lake, WA 98851
    • $199,800
    • STATUS: Pending Inspection
    • ON SITE: 24 days
    • ID#: 1280684
    Under Contract
    $199,800
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere R.E. K-2 Realty.

    Description

    Here is an opportunity to purchase 5 cabins in Soap Lake with great rental history. These are located two blocks from the lake, with excess property to add more cabins. These do need some work, so be ready to bring a tool belt and your skills to make these more desirable and potential for more income.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T00:16:53.587.

    www.resg.com/homes/82973643

    430 NE 1st Ave Soap Lake, WA 98851

    • Price: $199,800
    • Status: Pending Inspection
    • ID#: 1280684
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    1930
    Built
    Neighborhood:
    Soap Lake
    County:
    Grant
    Area:
    North Central Grant County
    Elementary School:
    Soap Lake Elem
    Middle School:
    Soap Lake Mid & High
    High School:
    Soap Lake Mid & High
    School District:
    Soap Lake
    Property Description
    Here is an opportunity to purchase 5 cabins in Soap Lake with great rental history. These are located two blocks from the lake, with excess property to add more cabins. These do need some work, so be ready to bring a tool belt and your skills to make these more desirable and potential for more income.
    Exterior Features

    Building Condition Fair Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyPaved Street Lot Dimensions 150X125 Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 12 Uncovered Spaces 8

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 568 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 960 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 472 Unit3 Washer Dryer N Unit4 Bathrooms 2.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 400 Unit4 Washer Dryer N Unit5 Bathrooms 2.00 Unit5 Bedrooms 2 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 960 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 400 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 0.07 Electrical Expenses 1400 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 29355 Gross Rent Multiplier 6 Gross Scheduled Income 30900 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1200 Leased Items Washer/Dryer Lot Number 13-15 Net Operating Income 15377 New Construction YN No Other Expenses 2400 Possession Closing Power Company Grant Pud Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Tax Amount 1778 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 13978 Total Expenses TEX 13978 Total Monthly Income 2575 Unit1 Monthly Rent 375 Unit2 Monthly Rent 500 Unit3 Monthly Rent 325 Unit4 Monthly Rent 500 Unit5 Monthly Rent 500 Unit6 Monthly Rent 375 Vacancy Rate 5 Water Company City Of Soap Lake Water Sewer Garbage 7200 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T00:16:53.587.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Windermere R.E. K-2 Realty.