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$1,660,000

14,700 sqft
2301 days
Rental|Built 1979
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Great opportunity, fully rented. 24 unit apartment complex, all ground level units. Separate community building and coin-op laundry facilities. First 180 days, preference will be given to local non-profits, public agencies, regional and national non-profits and public bodies. Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100% Rental Assistance and interest credit assistance that reduces the loan not interest rate to 1%.

Sale Summary

Sold Price

$1,561,000

List Price

$1,660,000

Sale vs List

-6%

Close Date

Sep 20, 2022

Financing

Cash

Buyer's Agent

Robyn Westergard

Property Details

Property Type

Rental

Year Built

1979

County

Spokane

Lot Size

2.06 acres

Living Area

14,700 sqft

Price / Sqft

$113

Total Parking

33 spaces

Schools

Elementary: Deer Park

Days to Sell

841 days

MLS #

SAR202016383

Parcel #

28023.2901

Annual Taxes

$2,159

Total Building Area

14,700 sqft

MLS Area

A532/050

MLS Class

Rental Income

Listing Terms

Conventional, Cash, USDA/RD

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

May 31, 2020

Went Pending

Jul 1, 2020

Status Changed

Sep 26, 2022

Last MLS Update

Nov 21, 2024

MLS Branch

586

School Information

Elementary

Deer Park

Home Features & Details

Architectural Style

Ranch

Construction

Wood Siding

Structure Type

One Story

Roof

Composition

Basement

None

Heating

ElectricBaseboard

Utilities

Cable Available

Appliances

Free-Standing RangeRefrigerator

Interior Features

High Speed InternetMulti Pn Wn

Accessibility

Door Width 32 Inches or MoreGrab Bars ThroughoutHallways 32+Ramp - Main Level

Parking

Off SiteAssigned

Lot Features

Level

Other Structures

See Remarks

Listed By

Robyn Westergard

Westergard Real Estate

Estimated Monthly Payment

$8,992/mo

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

Property Highlights

Year Built1979
Square Footage14,700 sqft
Lot Size2.06 acres
Price / Sqft$113
StatusClosed

Location

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