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$310,000

2,160 sqft
2003 days
Rental|Built 1977
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Single level triplex with major upside potential, and 2 adjacent identical buildings also available! Property is fully rented with stable income but market rents would make this a cash flow monster! All 2 bed / 1 bath residences have functional floor plans & nice sized kitchens plus their own washers & dryers. All units have updated high-efficiency gas furnaces and gas tankless hot water heaters! Could use a little TLC here and there but main systems have been well-maintained and functional, making the property easy to manage. Covered carport spaces for each unit and plenty of street parking. Long-term tenants are nearly all on month-to-month leases but would love to stay. Purchase this building or all three for a 9-unit income stream at one location! 2203 E Desmet #202113183 and 2211 E Desmet #202113189 are also for sale.

Sale Summary

Sold Price

$311,666

List Price

$310,000

Sale vs List

+1%

Close Date

Jun 4, 2021

Financing

Other

Buyer's Agent

Jessica Sewell

Property Details

Property Type

Rental

Year Built

1977

County

Spokane

Lot Size

0.16 acres

Living Area

2,160 sqft

Price / Sqft

$144

Total Parking

3 spaces

Schools

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

Days to Sell

69 days

MLS #

SAR202113177

Parcel #

35161.2413

Annual Taxes

$2,407

Total Building Area

2,160 sqft

MLS Area

A340/026

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Mar 26, 2021

Went Pending

Mar 30, 2021

Status Changed

Jun 4, 2021

Last MLS Update

Nov 21, 2024

MLS Branch

443

School Information

Elementary

Spokane Dist 81

Middle School

Shaw

High School

Rogers

Home Features & Details

Architectural Style

Ranch

Construction

Stone VeneerWood Siding

Structure Type

One Story

Roof

Composition

Basement

SlabNone

Heating

Natural GasForced Air

Cooling

Wall Unit(s)

Appliances

Tankless Water HeaterFree-Standing RangeDishwasherRefrigerator

Interior Features

Windows Vinyl

Patio & Porch

Patio

Parking

CarportOff Site

Lot Features

Sprinkler - AutomaticLevelOpen LotCorner Lot

Listed By

Erik Dordal

Windermere City Group

Estimated Monthly Payment

$1,679/mo

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

Property Highlights

Year Built1977
Square Footage2,160 sqft
Lot Size0.16 acres
Price / Sqft$144
StatusClosed

Location

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