1029 South Division St, a renovated 10-unit apartment property in the heart of Moses Lake offered at $1,250,000. The building features desirable tenant amenities like coin-operated laundry and upgraded major systems including copper plumbing and updated electrical, supporting long-term reliability. With 9 of 10 units upgraded and additional upside remaining… Read More through completion of the final unit, investors can capture further rent growth while benefiting from strong in-place performance (5.78% current cap vs. 6.41% market cap) and attractive income metrics (10.81 current GRM vs. 8.94 market GRM). Ideally located just 0.3 miles from the Moses Lake waterfront and McCosh Park, the property is positioned to benefit from local momentum, including expansion tied to the region’s growing battery manufacturing district. Read Less
Listing courtesy of COMPASS 425-637-7777
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
171
Days on Website
171
Last Updated
Property Type
Multi Family
Lot Size
0.04 Acres
Year Built
1954
Property Tax
$3,796
MLS Number
2480951
30 Days Snapshot Of 98837
$425k
+10%
(avg) sold price
39
-32%
homes sold
80
-20%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Construction Materials: Brick, Cement, Wood, Elevation Units: Feet, Leasable Area: 5400, Living Area: 0, Number Of Units Total: 10, Stories Total: 1, Structure Type: Multi Family, Units In Building Total: 10, Year Built: 1954, Year Built Effective: 1954
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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