Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Moses Lake, a vibrant neighborhood where the charm of small-town living meets the conveniences of urban life. Nestled in Grant County, Washington, this area is known for its picturesque lakeside views, friendly community atmosphere, and a variety of amenities that cater to residents of all ages.

Downtown Moses Lake is characterized by its unique blend of residential and commercial spaces. Here, you’ll find an eclectic mix of shops, restaurants, and recreational facilities, all within walking distance. The local farmers' market is a must-visit, offering fresh produce and artisanal goods that reflect the region's agricultural roots. The beautiful parks and waterfront areas provide ample opportunities for outdoor activities, whether it’s a leisurely stroll, a family picnic, or a day of boating on the lake.

For those looking to call this lively neighborhood home, the Downtown area features a selection of homes designed in the 55-59 unit style. These residences are perfect for individuals and families alike, offering a harmonious balance of comfort and community. With spacious layouts and modern amenities, these homes are ideal for those who appreciate both style and functionality.

Living in Downtown Moses Lake means embracing a lifestyle that values connection, convenience, and natural beauty. Whether you’re enjoying a coffee at a local café or taking in the stunning sunsets over the lake, this neighborhood offers a unique sense of belonging. Discover your new home in Downtown Moses Lake, where every day feels like a getaway!

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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