No photos available

$139,900

3,410 sqft
Rental|Built 1910
Joey Costello

Joey Costello

Windermere North Spokane

Tour for free, no strings attached

Make a winning offer with the help of a local expert

|(509) 507-0982

About This Home

10.7 CAP Rate!! Excellent investment opportunity to buy this 6 unit apartment building below assessed value. This is one of the best money makers on the market. Low maintenance complex assures cash flow and income growth opportunities. Excellent location for attracting tenants. If you are thinking about an investment property do not pass this one up. Numbers are excellent and seller has lowered price considerable to insure quick sale. Buyer to verify all income, property and expense details.

Sale Summary

Sold Price

$140,000

List Price

$139,900

Sale vs List

+0%

Close Date

May 24, 2013

Financing

Other

Buyer's Agent

Tamara Boehm

Property Details

Property Type

Rental

Year Built

1910

County

Spokane

Lot Size

0.14 acres

Living Area

3,410 sqft

Price / Sqft

$41

Schools

Elementary: Spokane Dist 81

Days to Sell

112 days

MLS #

SAR201311985

Parcel #

35092.2501

Annual Taxes

$1,857

Total Building Area

3,410 sqft

MLS Area

A340/015

MLS Class

Rental Income

Listing Terms

Cash, Commercial

Road Frontage

City Street, Paved Road

MLS Status

Sold

Listed On

Jan 31, 2013

Went Pending

Apr 18, 2013

Status Changed

May 28, 2013

Last MLS Update

Nov 21, 2024

MLS Branch

552

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Brick VeneerWood Siding

Structure Type

One Story

Roof

Metal

Basement

Slab

Heating

Natural GasElectricBaseboard

Parking

None

Lot Features

Corner Lot

Listed By

Joseph Kelly

Kelly Right Real Estate of Spo

Estimated Monthly Payment

$758/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1910
Square Footage3,410 sqft
Lot Size0.14 acres
Price / Sqft$41
StatusClosed

Comparable Properties

Thinking of Selling?

Get Joey's Full-Service Marketing

Professional photography, targeted advertising, and expert negotiation for every Spokane home — no matter the price point.

CallText Joey About This Home