Sold
Last Sold Price
5,520 sqft$54/sqft
3956 L L.2 Rd NE, Moses Lake, WA 98837
Multi FamilyProperty Type
1.32 acresLot Size
1989Year Built
$54/sq ftPrice per sq ft
12 carsParking Spaces

Description

Investment opportunity! Many income stream options here, house has 8 rooms, 4 bathrooms and 2 kitchens. Could be rented per room, dorm style or can be divided like a duplex. Top and bottom floors have separate entrances. The 2400 square foot shop has a 2 bedroom apartment in it that also offers income potential. Lot is 1.3 acres conveniently located near the wheeler business corridor and close to town. Rents are currently over $3,450 monthly but could be more.Investment opportunity! Many income stream options here, house has 8 rooms, 4 bathrooms and 2 kitchens. Could be rented per room, dorm style or can be divided like a duplex. Top and bottom floors have separate entrances. The 2400 square foot shop has a 2 bedroom apartment in it that also offers income potential. Lot is 1.3 acres conveniently located near the wheeler business corridor and close to town. Rents are currently over $3,450 monthly but could be more.
  • Listed by: Ben Sellen 509.246.6369 ben@columbiabasinrealestate.com • Team Up Real Estate LLC
  • Listed by: Beth Jarman 509.246.6369 bethjarmanrealtor@outlook.com • Team Up Real Estate LLC
Listing closed: 06/18/2019 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1349389

Location

Listing Courtesy of Team Up Real Estate LLC

Sold By Team Up Real Estate LLC

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Property Information for 3956 L L.2 Road Northeast

Property Details
  • Taxes: $3,000 / year
  • MLS Type: Residential Income
  • County: Grant County
  • Community Name: Moses Lake
  • School District: Moses Lake
  • View: Territorial
  • Number of Assigned Spaces: 12
  • Total Covered Parking: 2
  • Entry Date: 08-20-2018
  • Sewer: Septic Tank
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1989
  • Lot Size: 1.32 AC / 57,499 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, High Speed Internet, Outbuildings, Patio, Shop
  • Area: _294CentralGrantCo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Driving North on Hwy 17, take a right at Wheeler Road, Left onto L Road, Right onto Road 4, first driveway on right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2018
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Amenities: Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 960
  • Power Company: Grant County PUD
  • Sewer Company: Septic
  • Water Company: Well
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Individual Well
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 14
Lot Information
  • Lot Details: Open Space, Secluded, Value In Land
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 190454003
  • Building Condition: Good
  • Calculated Square Footage: 5520
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5520.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 6
  • Units Below Grade: true
  • Units In Building Total: 9
Financing / Income and Expenses
  • Electric Expense: $2,880
  • Total Expenses: 13400
  • Gross Adjusted Income: 37476
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: $41,640
  • Insurance Expense: $1,560
  • Net Operating Income: $24,076
  • Other Expenses: $5,000
  • Total Monthly Income: 3470
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3120.0
  • Leasable Area Units: Square Feet

Property History for 3956 L L.2 Road Northeast

DateEvent & SourcePriceAppreciation
Jun 18, 2019

Sold

NWMLS #1349389

$300,000
Apr 1, 2019

Pending

NWMLS #1349389

Aug 20, 2018

Listed (Active)

NWMLS #1349389

$325,000
DateEvent & SourcePrice
06/18/2019

Sold

NWMLS #1349389

$300,000
04/01/2019

Pending

NWMLS #1349389

08/20/2018

Listed (Active)

NWMLS #1349389

$325,000

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

Schools near 3956 L L.2 Road Northeast

This home is within Moses Lake School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lakeview Terrace Elementary School
PublicK to 5

Chief Moses Middle School
Public6 to 8

Moses Lake High School
Public9 to 12

Vicki I. Groff Elementary School
PublicK to 5

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Team Up Real Estate LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:37 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.