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$605,000

3231 days
Rental|Built 1937
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Clean property with a low maintenance lot. Excellent visibility along Sprague Ave. Rents are below market offering an investor a chance to increase the return substantially. The membrane roof is about 7 years old and most units have had some updating. Two commercial spaces in front are about 1200sf each. It might be an opportunity to convert one or both of those units to residential. All units pay their own heat and lights. Landlord pays sewer,water, refuse and domestic hot water. See assoc docs.

Sale Summary

Sold Price

$559,000

List Price

$605,000

Sale vs List

-8%

Close Date

Jul 13, 2018

Financing

Conventional

Buyer's Agent

Jay Overholser

Property Details

Property Type

Rental

Year Built

1937

County

Spokane

Lot Size

0.27 acres

Total Parking

1977 spaces

Schools

Elementary: Spokane Valley

Days to Sell

241 days

MLS #

SAR201727243

Parcel #

45202.0332

Annual Taxes

$4,764

MLS Area

A110/076

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street

Street Direction

E

MLS Status

Sold

Listed On

Nov 13, 2017

Went Pending

Jul 13, 2018

Status Changed

Jul 16, 2018

Last MLS Update

Nov 21, 2024

MLS Branch

229

School Information

Elementary

Spokane Valley

Home Features & Details

Architectural Style

Other

Construction

BrickStucco

Structure Type

One Story

Roof

Flat

Basement

Partial

Heating

ElectricBaseboard

Appliances

Free-Standing RangeRefrigerator

Interior Features

Windows Vinyl

Parking

Slab

Lot Features

Corner Lot

Listed By

Jay Overholser

SDS Realty, Inc.

Estimated Monthly Payment

$3,277/mo

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

Property Highlights

Year Built1937
Lot Size0.27 acres
StatusClosed

Location

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