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$1,300,000

1879 days
Rental|Built 1907
Joey Costello

Joey Costello

Windermere North Spokane

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|(509) 507-0982

About This Home

Looking to get a diversified portfolio in one fell swoop? Look no further! Two sfh, one triplex, and one 8 unit complex, all on one parcel. Brand new apartment units being built right across the street and near the new Spokane Sports Complex. Great mix of renters. One unit is updated, two more are in process of being updated. Brand to electrical service to all buildings! On-site laundry, 3 car garage and storage areas to increase income. Possible lot- line adjustment could create opportunity for another 4 unit complex or large parking lot. Huge upside potential in rents with light updating to remaining units. Don't miss your opportunity on this one!!

Sale Summary

Sold Price

$1,200,000

List Price

$1,300,000

Sale vs List

-8%

Close Date

Sep 15, 2021

Financing

Other

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1907

County

Spokane

Lot Size

0.2 acres

Garage

3-car

Schools

Elementary: Spokane Dist 81

Days to Sell

48 days

MLS #

SAR202119585

Parcel #

35181.2917

MLS Area

A330/024

MLS Class

Rental Income

Listing Terms

Cash, Commercial, See Remarks

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Jul 28, 2021

Went Pending

Aug 9, 2021

Status Changed

Sep 17, 2021

Last MLS Update

Sep 22, 2021

MLS Branch

513

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Wood Siding

Structure Type

See Remarks

Roof

Composition

Basement

Partial

Heating

ElectricForced AirBaseboardSteam

Appliances

Free-Standing RangeRefrigerator

Views

Territorial

Parking

AttachedUndergroundSlabAlley AccessSee Remarks

Lot Features

LevelOpen LotCommon Grounds

Listed By

Billy Deese

Keller Williams Spokane - Main

Estimated Monthly Payment

$7,042/mo

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

Property Highlights

Year Built1907
Lot Size0.2 acres
StatusClosed

Location

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