Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Moses Lake, a vibrant and growing neighborhood that perfectly blends small-town charm with modern conveniences. Nestled in the heart of Grant County, this area is known for its welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike.

Downtown Moses Lake is characterized by a mix of historic architecture and contemporary developments, offering a unique backdrop for residents. With its tree-lined streets, local boutiques, and cozy cafes, this neighborhood invites you to explore and enjoy the community spirit. The nearby Moses Lake Park provides a serene escape, perfect for leisurely strolls, picnics, or enjoying a sunny afternoon by the water.

For those seeking a home in this lovely area, the Downtown neighborhood offers a variety of housing options, including charming homes with 5-9 units. These properties are perfect for those looking for a sense of community while still enjoying the privacy and comfort of their own space. Many of these residences feature modern amenities while retaining a classic appeal, making them perfect for anyone from first-time homebuyers to seasoned investors.

Living in Downtown Moses Lake means easy access to essential services, shopping, and dining, as well as a strong sense of community. With its rich history and bright future, this neighborhood is a wonderful place to call home. Explore the possibilities and discover the true essence of life in Downtown Moses Lake!

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.

Start Your Search

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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.