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$682,000

860 days
Rental|Built 1906
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Rare South Hill triplex investment gem. Originally a 1909 home with two added units on the back in 1995. Excellent opportunity for an owner occupied investment or split unit 1520 to add an additional unit. Each unit has been recently renovated and is 3 beds, 2 bath with a 1 car garage with in-unit laundry. Rents are currently below market value and on month to month leases. $3400/mo owner occupied cash flow or $5100/mo fully rented. Excellent location right on the transit line with easy access to I90, hospitals and downtown business district

Sale Summary

Sold Price

$655,000

List Price

$682,000

Sale vs List

-4%

Close Date

Jun 28, 2024

Financing

Other

Buyer's Agent

Nick Briggs

Property Details

Property Type

Rental

Year Built

1906

County

Spokane

Lot Size

0.16 acres

Garage

3-car

Schools

Elementary: Spokane Dist 81

Days to Sell

47 days

MLS #

SAR202416131

Parcel #

25244.4208

MLS Area

A220/040

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

See Remarks

Street Direction

W

MLS Status

Sold

Listed On

May 11, 2024

Went Pending

May 20, 2024

Status Changed

Oct 7, 2024

Last MLS Update

Oct 7, 2024

MLS Branch

1246

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Wood Siding

Structure Type

Two Story

Roof

Composition

Basement

FullFinishedRI BdrmRI Bath

Heating

Natural GasElectricForced Air

Parking

AttachedOff SiteAlley Access

Listed By

William Johnson

William Johnson

Estimated Monthly Payment

$3,694/mo

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

Property Highlights

Year Built1906
Lot Size0.16 acres
StatusClosed

Location

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