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$425,000

4,000 sqft
1988 days
Rental|Built 1900
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Tremendous opportunity on this historic Queen Anne 4-plex in the heart of Brownes Addition! Features three 1bed/1bath units, and one studio unit. Further potential in the unfinished third floor that could be converted into an additional unit or could turn the studio into a 2 bedroom with large living area. Laundry in the basement not currently utilized by tenants. Basement could easily be converted into four separate storage units. Out back is a large yard with garden area which could be used as a parking lot with four parking spaces. Brownes addition is a walkable and historic neighborhood just minutes to downtown, hospitals, great schools, restaurants and bars, and parks. Don’t miss this investor special with unlimited rental potential! Units: Apartment 1 - 620sqft 1 bed/1bath - currently rents for $685/month Apartment 2 - 620sqft 1 bed/1bath - currently rents for $575/month Apartment 3 - 395sqft studio - currently rents for $620/month Apartment 4 - 635sqft 1bed/1bath - currently rents for $785/month

Sale Summary

Sold Price

$420,000

List Price

$425,000

Sale vs List

-1%

Close Date

May 25, 2021

Financing

Other

Buyer's Agent

Don Mitchell

Property Details

Property Type

Rental

Year Built

1900

County

Spokane

Lot Size

0.11 acres

Living Area

4,000 sqft

Price / Sqft

$106

Garage

5610-car

Total Parking

1100 spaces

Schools

Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark

Days to Sell

45 days

MLS #

SAR202113754

Parcel #

25241.1108

Annual Taxes

$2,111

Total Building Area

4,000 sqft

MLS Area

A700/036

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Apr 9, 2021

Went Pending

Apr 21, 2021

Status Changed

May 26, 2021

Last MLS Update

Nov 21, 2024

MLS Branch

708

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Architectural Style

VictorianCraftsman

Construction

Wood Siding

Structure Type

Three Story

Roof

Composition

Basement

FullUnfinishedLaundryWalk-Out Access

Heating

Natural GasForced Air

Appliances

RangeRefrigeratorMicrowave

Patio & Porch

DeckPatio

Parking

Off Site

Lot Features

Level

Listed By

Josh Quisenberry

Prime Real Estate Group

Estimated Monthly Payment

$2,302/mo

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

Property Highlights

Year Built1900
Square Footage4,000 sqft
Lot Size0.11 acres
Price / Sqft$106
StatusClosed

Location

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