Features:   Patio, RV Parking
Vacancy Rate:   2.00

Financial
Water/Sewer/Garbage:   $960
Insurance Expenses:   $800
Other Expenses:   $200
Total Expeses:   $2,820
Total Monthly Income:   $2,350
Net Operating Income:   $24,543
Gross Adjusted Income:   $27,363
Gross Scheduled Income:   $28,200
Cap Rate (NOI / Listing Price):   $9.00
Gross Rent Multiplier:   $10.00

Year Built:   1950
Effective Year Built:   1950
Effective Year Built Source:   Public Records
Number of Stories:   1
Roof:   Metal
Exterior:   Wood Products
Floor Covering:   Ceramic Tile, Hardwood, Laminate
Foundation:   Slab
Approx. Sq Ft:   888
Leased Items:   None

Lot Size:   4,996 Sq Ft
Lot Size Source:   county
Lot Details:   Paved
View:   City, Territorial

Utilities
Energy Source:   Electric
Power Company:   Grant County PUD
Sewer Company:   City of Soap Lake
Water Company:   City of Soap Lake
Water Source:   Public

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

Address:   45 SW Birch, Soap Lake, WA 98851
City:   Soap Lake
State:   
Zip Code:   98851
Latitude:   47.38780200
Longitude:   -119.49305300
Driving Directions:   From Hwy 17 and Hwy 28. Head North on Hwy 17. Left on 2nd Ave. Right on 2nd Ave. Right on Birch. Home is on the left.

Community Name:   Soap Lake
School District:   Soap Lake

County:   Grant
Tax Number:   080201000
Tax Amount:   $860   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $240,000
Potential Terms:   Cash Out, Conventional, FHA, State Bond
3rd Party Approval Required:   None
Possession Allowed:   Closing, Subject to Tenant Rights
Preliminary Title Ordered:   Yes

Listing Number:   2341655
Listing Status:   Active
Listing Office:   RE/MAX, The Collective
Listing Date:   2025-03-10
Original Listing Price:   $285,000
MLS Area:   North Central Grant County
Lot Size Source:   county
Marketing Remarks:   VALUE ADDED HOME OR INVESTMENT PROPERTY!!!! THIS HOME FEATURES A REMODELED SECOND UNIT!!!! The main home features 2 bedrooms + 1 bath and plenty of off-street parking. The second has a remodeled 1 bed 1 bath. This is a great property with a lot of flexibility to generate income!!! This would make an excellent opportunity for a start-up investor. Call to set up your appointment 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.