Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Moses Lake, Washington—a vibrant neighborhood that beautifully blends small-town charm with modern amenities. Nestled in Grant County, this area is not just a place to live; it’s a community where life flourishes. With its picturesque lakeside views and an array of recreational opportunities, Downtown Moses Lake is an ideal spot for families, young professionals, and retirees alike.

The heart of Downtown is characterized by its eclectic mix of shops, restaurants, and local businesses, creating a lively atmosphere that invites residents to explore. Stroll along the scenic waterfront, where you can enjoy a leisurely afternoon or take part in exciting water sports on Moses Lake itself. The local parks, such as the popular McCosh Park, offer ample green space for picnics, playdates, and outdoor events, making it a perfect gathering spot for neighbors and friends.

When it comes to housing, Downtown Moses Lake boasts an impressive selection of homes with a unique 5-9 unit style, providing residents with a sense of community while still enjoying the privacy of their own space. These charming residences often feature modern amenities and thoughtful designs that cater to today’s lifestyle, making them ideal for anyone looking to settle down in a bustling yet serene environment.

With a strong sense of community, excellent schools, and easy access to nearby attractions, Downtown Moses Lake is not just a place to call home; it’s a lifestyle waiting to be embraced. Discover your dream home in this inviting neighborhood and experience all that Downtown Moses Lake has to offer!

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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