Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Moses Lake, a vibrant neighborhood that perfectly blends small-town charm with modern conveniences. Nestled in Grant County, Washington, this thriving area is an ideal destination for those seeking a dynamic lifestyle surrounded by natural beauty and community spirit.

Downtown Moses Lake is known for its rich history and welcoming atmosphere. The area is characterized by its picturesque waterfront, where residents can enjoy leisurely strolls along the lake, partake in water sports, or simply relax in one of the many parks. The downtown district is dotted with unique shops, delightful cafes, and local restaurants, offering a taste of the community’s diverse culture. With a calendar full of events, including farmers' markets and art festivals, there’s always something happening in this lively neighborhood.

For those considering a home in Downtown Moses Lake, the availability of 55 to 59-unit style homes presents an excellent opportunity. These well-designed residences offer a perfect balance of comfort and style, catering to a variety of lifestyles. Whether you’re a first-time buyer, a growing family, or looking to downsize, these homes provide the perfect backdrop for your next chapter.

Living in Downtown Moses Lake means embracing a community that values connection and quality of life. With easy access to schools, healthcare facilities, and recreational activities, residents can enjoy the best of both worlds—urban conveniences and the tranquility of nature. Discover your dream home in this charming neighborhood, 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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