NOT LISTED FOR SALE

605 W Crest Dr Moses Lake, WA 98837

2 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold September 15, 2023

Last sale price $560,000

61 Days on Market

Highlights

  • Territorial View
  • Central Air
  • Baseboard Heating
  • No HOA

About This Home

As of September 2023

Welcome to this incredible cash flowing gem: a remarkable 4plex property w/ great returns. Each unit boasts 2 spacious bedrooms, offering ideal living arrangements for tenants. Featuring car ports for each unit, a newer roof, and a fenced backyard! Every unit includes 2 storage sheds. Current rents are below market rates, allowing for rent increases in current condition. Don't miss out on this fantastic opportunity to own a cash flowing 4plex with additional upside. Act now and secure your future in real estate investment!

Last Agent to Sell the Property

George Clouse

Real Broker LLC License #137292 Listed on: 06/01/2023

Real Broker LLC

Last Buyer's Agent

Sinden Harum

Diamond Real Estate License #24034387

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2075429

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Territorial Views

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Vista Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111509000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,133

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: VirtualTour
  • Cumulative Days on Market: 298

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 1781

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Moses Lake

Lot Info

  • Parcel Number: 111509000
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10.8
  • LeasedItems: None
  • TotalMonthlyIncome: 4670

Multi Family

  • Gross Scheduled Income: 56040
  • Net Operating Income: 38704
  • Number Of Units Total: 4
  • Electric Expense: 121
  • Insurance Expense: 1153
  • Leasable Area: 3920
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3133
  • AdditionalTaxIds: 111509000

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $560,000 -6.5% --
08/01/2023 08/01/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $599,000 0.0% --
07/18/2023 07/18/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $599,000 0.0% --
06/08/2023 06/08/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $599,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2075429

Northwest Multiple Listing Service (NWMLS)