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$389,000

3,328 sqft
2720 days
Rental|Built 1972
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Fantastic investment opportunity! FHA and VA financing available on the units opens the door to owner occupied living with rental income. Updated 4-plex includes paint, appliances and flooring where needed. One unit fully remodeled. Rents are currently low with month to month leases. Sitting at a 6% cap rate with potential for much higher rental income. Shared laundry facility pulls additional monthly income. Convenient location, minutes to downtown and North Spokane makes these units desirable.

Sale Summary

Sold Price

$378,000

List Price

$389,000

Sale vs List

-3%

Close Date

Aug 15, 2019

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1972

County

Spokane

Lot Size

0.25 acres

Living Area

3,328 sqft

Price / Sqft

$117

Total Parking

8 spaces

Schools

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

Days to Sell

128 days

MLS #

SAR201913829

Parcel #

35053.3827

Annual Taxes

$2,829.91

Total Building Area

3,328 sqft

MLS Area

A340/014

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Apr 8, 2019

Went Pending

Jul 15, 2019

Status Changed

Aug 16, 2019

Last MLS Update

Nov 21, 2024

MLS Branch

178

School Information

Elementary

Spokane Dist 81

Middle School

Garry

High School

Rogers

Home Features & Details

Construction

Vinyl Siding

Structure Type

Duplex

Roof

Composition

Basement

None

Heating

Forced AirBaseboard

Cooling

Wall Unit(s)

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Patio & Porch

DeckPatio

Parking

Carport

Lot Features

Views

Listed By

Kayla Golden

Windermere Liberty Lake

Estimated Monthly Payment

$2,107/mo

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

Property Highlights

Year Built1972
Square Footage3,328 sqft
Lot Size0.25 acres
Price / Sqft$117
StatusClosed

Location

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