Courtesy: Keller Williams Columbia Basin
509-204-7360
Kim Randolph-Meaney
Did you know you can get a loan based on rent income, not your income - DSCR Loans. This property's ratio: 1.38 Discover a Prime Investment Opportunity in the heart of Soap Lake, Wa. This property offers an unique blend of multi-family residential and commercial space and is perfect for investors. This versatile property comprises of one Commercial space, 2 Single Bedroom units, and 3 Studio Apartments; 100% occupancy for numerous years, with commercial tenant approaching 20 years - residential tenants are on month to month basis, but would love to continue tenancy. The property is positioned at the intersection of Division and Main, and enjoys a coveted corner location within walking distance to the beach and parks.
Courtesy: Keller Williams Columbia Basin
509-204-7360
Kim Randolph-Meaney
Welcome to a world where serenity and privacy blend with elegance and luxury without compromise. At the heart of this property is 4 acres of meticulously maintained formal rose garden with over 1500 flowering plants, walking paths, conversation areas, and a gazebo. It includes 2 separate homes, making it perfect for multi generational living or rental income. The gated Rose Garden Home includes 2 bedrooms and 2 full baths +large detached versatile suite including a murphy bed and lavish bathroom. The Fountain house is a larger 4 bedroom, 2 bath home with stunning high end amenities. Located near Soap Lake, this estate is minutes away from Lakeview Golf course, the Ephrata & Moses Lake Airports, 35 miles away from the Gorge Ampi-theater.
Courtesy: RE/MAX Eastside Brokers, Inc.
425-453-7000
Steve Volpone
Welcome to Twin Cove Resort & Inn. Rare Opportunity to own Waterfront Resort with private beach! 10+ unit Motel/RV Park on beautiful Soap Lake, Washington, home of "Healing Waters". Two No-bank beaches includes 500FT+ of waterfront. Fully Gated, boat launch, Kayak rentals, WIFI & extensive parking make this a one-of-a-kind opportunity. Potential to add Rental income, STR/Airbnb/VRBO. Buildings: TWO 2-Bedroom Homes & THREE 1-Bedroom Duplexes, 4- 50' RV rental spots W/S/P. POTENTIAL TO ADD MORE UNITS & RV SPOTS. Certificate of Water Right for 1CUF/S domestic supply = Hot Springs & Cold Plunge therapy wellness. Property is tenant occupied. BY APPOINTMENT ONLY. Please Do Not Disturb Tenants. Buyer to verify all information to own satisfaction.
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Soap Lake is located in Washington. Soap Lake, Washington has a population of 1,333. Soap Lake is less family-centric than the surrounding county with 28.95% of the households containing married families with children. The county average for households married with children is 31.84%.
The median household income in Soap Lake, Washington is $36,767. The median household income for the surrounding county is $63,566 compared to the national median of $69,021. The median age of people living in Soap Lake is 43.3 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 8.3 inches per year, with 23.4 inches of snow per year.
