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$360,000

7,200 sqft
Rental|Built 1978
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

This is a great, clean investment property with upside potential. Current Cap Rate 6.41% potential 8.73% CAP. Located in Spokane's Nettleton District and on a bus line, this property is in a great position to continue at full occupancy. Walking distance to Dutch Jakes Park, near the Spokane County Courthouse and the new Kendall Yards development in the downtown periphery. Call today for more information, MLS data may not be accurate as there is limited space to add data for a 10 unit complex.

Sale Summary

Sold Price

$330,000

List Price

$360,000

Sale vs List

-8%

Close Date

Jul 7, 2014

Financing

Conventional

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1978

County

Spokane

Lot Size

0.28 acres

Living Area

7,200 sqft

Price / Sqft

$50

Total Parking

11 spaces

Schools

Elementary: Spokane Dist 81

Days to Sell

153 days

MLS #

SAR201411627

Parcel #

25131.6621

Annual Taxes

$4,798

Total Building Area

7,200 sqft

MLS Area

A330/021

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Feb 3, 2014

Went Pending

Apr 21, 2014

Status Changed

Jul 8, 2014

Last MLS Update

Nov 21, 2024

MLS Branch

96

School Information

Elementary

Spokane Dist 81

Home Features & Details

Architectural Style

Other

Construction

Vinyl Siding

Structure Type

Two Story

Roof

Composition

Basement

FinishedLaundry

Heating

Baseboard

Cooling

Window Unit(s)

Appliances

Free-Standing RangeRefrigerator

Parking

See Remarks

Lot Features

LevelOpen Lot

Listed By

Rebecca Usai

John L Scott, Spokane Valley

Estimated Monthly Payment

$1,950/mo

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

Property Highlights

Year Built1978
Square Footage7,200 sqft
Lot Size0.28 acres
Price / Sqft$50
StatusClosed

Location

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