WA > Soap Lake > Soap Lake
Soap Lake, WA 98851,11 E Main ST
Soap Lake, WA 98851,11 E Main ST
Soap Lake, WA 98851,11 E Main ST
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Listed by Keller Williams Columbia Basin
$525,000
Est. payment /mo
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2 BD
6 BA
1,820 SqFt
Active

11 E Main ST Soap Lake, WA 98851

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Michele Caskey

Michele Caskey

+1(575) 937-3663

UPDATED:

12/05/2024 11:13 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $288

Subdivision Soap Lake

MLS Listing ID 2288749

Style 55 - 5-9 Units

Bedrooms 2

Year Built 1940

Annual Tax Amount $1,181

Lot Size 0.290 Acres

Property Description

Did you know you can get a loan based on rent income, not your income - DSCR Loans. This property's ratio: 1.38 Discover a Prime Investment Opportunity in the heart of Soap Lake, Wa. This property offers an unique blend of multi-family residential and commercial space and is perfect for investors. This versatile property comprises of one Commercial space, 2 Single Bedroom units, and 3 Studio Apartments; 100% occupancy for numerous years, with commercial tenant approaching 20 years - residential tenants are on month to month basis, but would love to continue tenancy. The property is positioned at the intersection of Division and Main, and enjoys a coveted corner location within walking distance to the beach and parks.

Location

State WA

County Grant

Area 291 - North Central Grant County

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View Lake

Roof Type Composition,Metal

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Soap Lake Elem

Middle Schools Soap Lake Mid & High

High Schools Soap Lake Mid & High

School District Soap Lake

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Michele Caskey

Agent | License ID: WA#122875 NM#REC20220256

+1(575) 937-3663

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11 E Main ST