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$139,900

Rental|Built 1947
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Excellent income property featuring 3 units that are all occupied by long term tenants, with great rents. Incredible cap rate with $1650/month rents. Close to Mission and Chief Garry Park. Just over a mile away from Gonzaga campus, and just as close to Spokane Community College. Bus lines a block away. Gross rents are $19,800 annually, and did I mention fully occupied? Buy it and immediately start collecting rent from long term tenants. This one pencils.

Sale Summary

Sold Price

$136,000

List Price

$139,900

Sale vs List

-3%

Close Date

Aug 8, 2016

Financing

Conventional

Buyer's Agent

Charlotte Wolverton

Property Details

Property Type

Rental

Year Built

1947

County

Spokane

Lot Size

0.16 acres

Total Parking

1200 spaces

Schools

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

Days to Sell

55 days

MLS #

SAR201619365

Parcel #

35162.2916

Annual Taxes

$1,652

MLS Area

A340/026

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Jun 13, 2016

Went Pending

Jul 18, 2016

Status Changed

Aug 9, 2016

Last MLS Update

Nov 21, 2024

MLS Branch

725

School Information

Elementary

Spokane Dist 81

Middle School

Shaw

High School

Lewis & Clark

Home Features & Details

Construction

Wood Siding

Structure Type

One and a Half Story

Roof

Composition

Basement

None

Flooring

Wood

Heating

Electric

Interior Features

Natural Woodwork

Parking

Off SiteAlley Access

Lot Features

Fenced YardLevelCity Bus (w/in 6 blks)Fencing

Listed By

Taylor Ward

Synergy Properties

Estimated Monthly Payment

$758/mo

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

Property Highlights

Year Built1947
Lot Size0.16 acres
StatusClosed

Location

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