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$849,900
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is a 4/2 house, 7 - 1/1 and 3 studios. The current owner has moved rents and updated most units. The property is low maintenance with newer roof, updated interiors, off street parking and there is still room to move rents to market rates! The Cheney market has low vacancy and with all of the new business on the West Plains, this could be the perfect long term investment. Hurry before it is gone!
Sale Summary
Sold Price
$1,000,000
List Price
$849,900
Sale vs List
+18%
Close Date
Mar 24, 2021
Financing
Other
Buyer's Agent
Jessica Sewell
Property Details
Property Type
Rental
Year Built
1910
County
Spokane
Lot Size
0.34 acres
Schools
Elementary: Cheney
Days to Sell
244 days
MLS #
SAR202019206
Parcel #
13132.1302
MLS Area
A420/096
MLS Class
Rental Income
Listing Terms
Cash, Commercial
Road Frontage
City Street, Paved Road, Gravel
MLS Status
Sold
Listed On
Jul 22, 2020
Went Pending
Jan 5, 2021
Status Changed
Mar 26, 2021
Last MLS Update
Nov 21, 2024
MLS Branch
772
School Information
Elementary
Cheney
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Cooling
Parking
Listed By
Jordan Tampien
4 Degrees Real Estate
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$4,604/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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