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$660,000

877 days
Rental|Built 1992
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Discover a fantastic investment opportunity with this spacious duplex! Conventional home loans now allow just 5% down on owner-occupied purchases for duplexes, making this an excellent chance to live in one side and rent out the other. Both units offer generous living space, totaling 2,866 sq. ft. on each side, with the backyards separated by a privacy fence for added comfort. The 7116 N Hamilton unit boasts 5 beds and 3 baths, including 2 non-conforming bedrooms in the basement. It also features an extra living space with a convenient kitchenette downstairs. The 7114 N Hamilton unit has 3 beds and 2 baths, with potential to add another bathroom and bedroom in the basement. Both units are clean and updated, making this duplex a perfect place to call home or a lucrative rental property. Located in a prime area, this property combines convenience with income potential. Current rents do not reflect the value of today's market, offering room for increased cash flow.

Sale Summary

Sold Price

$660,000

List Price

$660,000

Sale vs List

+0%

Close Date

Aug 28, 2024

Financing

Conventional

Buyer's Agent

Karlee Gibson

Property Details

Property Type

Rental

Year Built

1992

County

Spokane

Lot Size

0.24 acres

Garage

4-car

Schools

Elementary: Spokane Dist 81, Middle: Gary, High: Rogers

Days to Sell

125 days

MLS #

SAR202414995

Parcel #

36291.0603

Annual Taxes

$6,574.6

MLS Area

A341/061

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Apr 24, 2024

Went Pending

May 28, 2024

Status Changed

Aug 28, 2024

Last MLS Update

Aug 29, 2024

MLS Branch

535

School Information

Elementary

Spokane Dist 81

Middle School

Gary

High School

Rogers

Home Features & Details

Architectural Style

Ranch

Construction

Brick VeneerMasonite

Structure Type

One and a Half Story

Roof

Composition

Basement

FullPartialFinishedRI BdrmRI BathRec/Family Area

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

Free-Standing RangeRefrigeratorMicrowaveWasherDryer

Interior Features

Cathedral Ceiling(s)

Patio & Porch

Patio

Parking

AttachedOversized

Lot Features

Fenced YardSprinkler - Automatic

Listed By

Madison Molan

CENTURY 21 Beutler & Associates

Estimated Monthly Payment

$3,575/mo

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

Property Highlights

Year Built1992
Lot Size0.24 acres
StatusClosed

Location

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