Number of Units:   2
Features:   Fenced-Fully, Patio, Sprinkler System
Vacancy Rate:   5.00

Financial
Water/Sewer/Garbage:   $3,000
Insurance Expenses:   $1,200
Total Expeses:   $4,500
Total Monthly Income:   $4,200
Net Operating Income:   $43,380
Gross Adjusted Income:   $47,880
Gross Scheduled Income:   $50,400
Cap Rate (NOI / Listing Price):   $6.70
Gross Rent Multiplier:   $13.00

New Construction:   Yes
Year Built:   2025
Number of Stories:   2
Roof:   Composition
Exterior:   Wood, Wood Products
Floor Covering:   Vinyl Plank, Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   2,610
Leased Items:   None

Lot Size:   7,405 Sq Ft
Lot Size Source:   County
Lot Details:   Cul-De-Sac, Paved, Sidewalk
View:   Territorial

Utilities
Energy Source:   Electric
Water Source:   Public

Parking
Number of Uncovered Parking Spaces:   2
Total Number of Parking Spaces:   4

Address:   18 W Redwood Road, Moses Lake, WA 98837
City:   Moses Lake
State:   
Zip Code:   98837
Latitude:   47.15412500
Longitude:   -119.29576800
Driving Directions:   Head N on Grape Drive NE, Left on Maple Drive NE, Right on N Hemlock Rd, Right on W Redwood RD, Lots are just before the cul-de-sac.

Community Name:   Longview
School District:   Moses Lake

County:   Grant
Tax Number:   110002395
Lot Number:   18
Block Number:   1
Tax Amount:   $300   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $647,280
Potential Terms:   Cash Out, Conventional, FHA, USDA Loan, VA Loan
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

Listing Number:   2366618
Listing Status:   Active
Listing Office:   Coldwell Banker Tomlinson R&H
Listing Date:   2025-05-09
MLS Area:   North Moses Lake
Square Footage Source:   Plans
Lot Size Source:   County
Marketing Remarks:   Excellent opportunity to own a BRAND NEW DUPLEX in Moses Lake, WA! This duplex resides in a new area, it is close to the college, with food and shopping just down the road. This investment property will come equipped with quartz countertops, soft close cabinetry, 9ft ceilings, with 8ft tall doors as well! Enjoy a fully turn key investment with a fully fenced and landscaped front and back yard! New to investing? Talk to a lender about living in one unit and renting out the other! Expect central air and heating, UGS, LVP in main areas with carpet in bedrooms, and lighted mirrors in the bathrooms all part of the purchase of this duplex. Call and ask for more information about this investment today!

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.