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$1,200,000

7,544 sqft
1817 days
Rental|Built 1999
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Rare opportunity to invest in two fourplexes that will generate a constant yield. There are 8 units that are well-maintained. All units are currently leased and the new owner will be able to increase rents. There is a common laundry in each fourplex. Parking is available at the property and there is a spot for each unit. There is a garden that the tenants keep in the back yard that can be used for something else in the future.

Sale Summary

Sold Price

$1,200,000

List Price

$1,200,000

Sale vs List

+0%

Close Date

Nov 12, 2021

Financing

Other

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1999

County

Spokane

Lot Size

0.49 acres

Living Area

7,544 sqft

Price / Sqft

$159

Schools

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

Days to Sell

45 days

MLS #

SAR202122985

Parcel #

36331.0147

Annual Taxes

$2,188.25

Total Building Area

7,544 sqft

MLS Area

A340/002

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street

Street Direction

N

MLS Status

Sold

Listed On

Sep 27, 2021

Went Pending

Oct 11, 2021

Status Changed

Nov 12, 2021

Last MLS Update

Nov 12, 2021

MLS Branch

75

School Information

Elementary

Spokane Dist 81

Middle School

Gary

High School

Rogers

Home Features & Details

Architectural Style

Other

Construction

Vinyl Siding

Structure Type

Two Story

Roof

Composition

Basement

Slab

Heating

Natural GasElectric

Cooling

Wall Unit(s)

Appliances

Free-Standing RangeDishwasher

Interior Features

Pantry

Views

Park/Greenbelt

Parking

Slab

Lot Features

SecludedGarden

Other Structures

Shed(s)

Listed By

Marina Sirenkyi

Berkshire Hathaway HomeService

Estimated Monthly Payment

$6,500/mo

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

Property Highlights

Year Built1999
Square Footage7,544 sqft
Lot Size0.49 acres
Price / Sqft$159
StatusClosed

Location

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