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$3,490,000

Rental|Built 1970
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Clean and Updated 58 Unit Complex, Perfectly positioned across the street from the picturesque Spokane River. A nice mix of oversized 1, 2, & 3 Bedroom units. Located close to Avista utility, Gonzaga University, SCC, Shopping and Restaurants. 7.9% Cap Rate.

Sale Summary

Sold Price

$3,370,000

List Price

$3,490,000

Sale vs List

-3%

Close Date

Dec 30, 2014

Financing

Cash

Buyer's Agent

Andrea Malone

Property Details

Property Type

Rental

Year Built

1970

County

Spokane

Lot Size

2.62 acres

Total Parking

31500 spaces

Schools

Elementary: Spokane Dist 81, Middle: Shaw, High: Lewis & Clark

Days to Sell

441 days

MLS #

SAR201325590

Parcel #

35093.2401 & 02

Annual Taxes

$29,457

MLS Area

A340/026

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Oct 14, 2013

Went Pending

Dec 30, 2014

Status Changed

Dec 31, 2014

Last MLS Update

Nov 21, 2024

MLS Branch

542

School Information

Elementary

Spokane Dist 81

Middle School

Shaw

High School

Lewis & Clark

Home Features & Details

Construction

Vinyl Siding

Structure Type

Two Story

Roof

Composition

Basement

None

Heating

ElectricBaseboard

Cooling

Wall Unit(s)

Appliances

Free-Standing RangeDishwasherRefrigeratorWasherDryer

Interior Features

Natural WoodworkWindows Vinyl

Patio & Porch

Patio

Pool Features

Community

Views

CityWater

Waterfront

Sec Lot

Parking

CarportOff Site

Lot Features

Sprinkler - AutomaticLevelOpen LotHillsideCity Bus (w/in 6 blks)

Listed By

Bruce Baldwin

Windermere Real Estate/Cornerstone

Estimated Monthly Payment

$18,904/mo

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

Property Highlights

Year Built1970
Lot Size2.62 acres
StatusClosed

Location

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