Downtown Homes with 55 - 5-9 Units Style

Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Moses Lake, a vibrant hub nestled in the heart of Grant County, Washington. This charming neighborhood is a perfect blend of small-town warmth and urban convenience, making it an ideal place to call home. With its picturesque streets, diverse dining options, and rich community spirit, Downtown Moses Lake offers a unique lifestyle that appeals to families, professionals, and retirees alike.

The homes in this area, particularly the 55 to 59-unit style, are designed with comfort and modern living in mind. These residences often feature spacious layouts, contemporary finishes, and an abundance of natural light, creating inviting spaces for both relaxation and entertainment. Whether you’re seeking a cozy retreat or a lively abode, these homes cater to various lifestyles, ensuring that everyone finds their perfect fit.

Living in Downtown Moses Lake means you'll have access to an array of amenities right at your doorstep. Enjoy leisurely strolls through local parks, indulge in the culinary delights of nearby eateries, or explore the vibrant arts scene that showcases the talents of local artists. With community events and festivals held throughout the year, there’s always something happening to keep you engaged and connected with your neighbors.

Additionally, the neighborhood's strategic location provides easy access to major highways and nearby recreational areas, making it simple to explore the stunning natural beauty of Washington State. From the serene waters of Moses Lake to the majestic mountains just a short drive away, outdoor enthusiasts will find endless opportunities for adventure.

Discover the charm of Downtown Moses Lake and find your dream home in this welcoming community today!

Newest Downtown Homes with 55 - 5-9 Units Style

$1,195,000
2547568 MLS ⋅ ACTIVE Status
Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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