No photos available
$725,000
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
MULTIPLE OFFERS RECEIVED. Send highest & best by 5 p.m 1/27. 10 Unit multi-family building offered at 8.6% cap rate. Brick, 2 story building. Attached carport. Laundry room on each floor. All units are currently occupied. 4-1 bed, 1 bath units and 6-2 bed, 1 bath units. New roof (including trusses) in 2018. Gross monthly income is currently $6,780. TONS of updates in last 2 years. Separate, locking storage areas are located in laundry rooms. Project NOI for 2020: $62,380.00
Sale Summary
Sold Price
$730,000
List Price
$725,000
Sale vs List
+1%
Close Date
Mar 4, 2020
Financing
Conventional
Buyer's Agent
MISC MISC
Property Details
Property Type
Rental
Year Built
1966
County
Spokane
Lot Size
0.3 acres
Living Area
7,194 sqft
Price / Sqft
$101
Schools
Elementary: Medical Lake, Middle: Medical Lake, High: Medical Lk
Days to Sell
39 days
MLS #
SAR202010879
Parcel #
14181.4106
Annual Taxes
$4,911.97
Total Building Area
7,194 sqft
MLS Area
A420/095
MLS Class
Rental Income
Listing Terms
Cash, Exchange, Commercial
Road Frontage
City Street, Paved Road
Street Direction
E
MLS Status
Sold
Listed On
Jan 24, 2020
Went Pending
Jan 28, 2020
Status Changed
May 12, 2020
Last MLS Update
Nov 21, 2024
MLS Branch
708
School Information
Elementary
Medical Lake
Middle School
Medical Lake
High School
Medical Lk
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Accessibility
Parking
Lot Features
Listed By
Jessica Sewell
Prime Real Estate Group
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$3,927/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
Loading map...
Comparable Properties
Thinking of Selling?
Get Joey's Full-Service Marketing
Professional photography, targeted advertising, and expert negotiation for every Medical Lake home — no matter the price point.