33 Cherry Street South

Soap Lake, WA 98851

$490,000
Price
6
Beds
5
Baths
2,508 Sq. Ft.
$195 / Sq. Ft.
2,508
Sq. Ft.
$195
per Sq. Ft.

Description

Adorable cottage sitting with 5 rental units of various sizes. Perfect for an Airbnb. All finished units have been totally rebuilt to include new wiring, new plumbing, insulation, and each unit is equipped with a mini-split heating/a/c unit.Adorable cottage sitting with 5 rental units of various sizes. Perfect for an Airbnb. All finished units have been totally rebuilt to include new wiring, new plumbing, insulation, and each unit is equipped with a mini-split heating/a/c unit.
  1. Listed by Tom Moncrief • Clear Choice Realty
  2. Listed by Randy Weitzel • Clear Choice Realty

Property Details for 33 Cherry Street South

Community Name
Soap Lake
School District
Soap Lake
View
City
Number of Assigned Spaces
13
Total Covered Parking
1
Entry Date
11-16-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Clear Choice Realty
Add your commute
LISTING UPDATED: 04/24/2024 03:32 PM

Property Details for 33 Cherry Street South

StatusActive
MLS #2178242
Days on Market163
Cumulative Days on Market159
Taxes$900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.23 AC / 9,970 SF
CountyGrant County

Location

Listing Courtesy of Clear Choice Realty
Add your commute

Building Information for 33 Cherry Street South

Stories1Residences5Year Built1936Building Size-Lot Size0.23 AC / 9,970 SF

Payment Calculator

$2,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,674

Property Taxes

$75

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 33 Cherry Street South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Dog Run
  • Area: 291 - North Central Grant County
  • Elementary School: Soap Lake Elem
  • Middle Or Junior School: Soap Lake Mid & High
  • High School: Soap Lake Mid & High
  • Effective Year Built Source: See Remarks
  • Directions: Head North on HWY 17, left on Division, left on 2nd Ave, right on Cherry, property is on the left.
  • Leased Items: Security System
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 5.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate
  • Features: Laminate
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: SecuritySystem
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2160
  • Power Company: Grant County PUD
  • Sewer Company: City of Soap Lake
  • Water Company: City of Soap Lake
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2022
  • Photos Count: 32
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 080213000
  • Calculated Square Footage: 2508
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2508.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $2,040
  • Total Expenses: 10020
  • Gross Adjusted Income: 31020
  • Gross Rent Multiplier: 15.79
  • Gross Scheduled Income: $31,020
  • Insurance Expense: $1,596
  • Net Operating Income: $21,000
  • Other Expenses: $636
  • Total Monthly Income: 3250
  • Fuel Expense: $2,688
Unit 1
  • Name Unit 1: 2
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 512
  • Rent Unit 1: $1,000.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 3
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 294
  • Rent Unit 2: $.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 4
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 1072
  • Rent Unit 3: $1,500.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 5
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 374
  • Rent Unit 4: $.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 1
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 256
  • Rent Unit 5: $750.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2508.0
  • Leasable Area Units: Square Feet

Property History for 33 Cherry Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 33 Cherry Street South

Taxable ValueLand$17,010Additions$77,602Total$94,612
Home Facts
Beds1Total Finished SqFt1,072 SqFtAbove Ground SqFt1,072 SqFtStories1StyleSingle Family ResidenceYear Built1936CountyGRANTAPN080213000

Schools near 33 Cherry Street South

This home is within Soap Lake School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Soap Lake Elementary School
PublicPK to 5

Soap Lake Middle & High School
Public6 to 12

RISE Academy
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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33 Cherry Street South is a multi-family home for sale in Soap Lake, WA 98851. This property was listed for sale on November 16, 2023 by Clear Choice Realty, it's currently listed at $490,000. It has been on the market for a total of 163 days and was last sold on March 21, 2022. This listing's school district is Soap Lake School District. Nearby schools include Soap Lake Elementary School, Soap Lake Middle & High School and RISE Academy. 33 Cherry Street South is a 6-bed, 5-bath, 2,508 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Clear Choice Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.