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$1,450,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
Awesome cap rate on this 12-unit brick apartment building with gross projected rents of $11,625 per month. The building is located close to the revitalized area of the Spokane Arena, Podium, Riverfront Park and the football/soccer stadium currently being constructed. Priced to sell in As-Is condition. The two apartments beside them 1302/1308 are also for sale in a packaged sale. Back on market at no fault of the seller.
Sale Summary
Sold Price
$1,350,000
List Price
$1,450,000
Sale vs List
-7%
Close Date
Jul 6, 2022
Financing
Conventional
Buyer's Agent
Dallas Lightner
Property Details
Property Type
Rental
Year Built
1905
County
Spokane
Lot Size
0.22 acres
Living Area
7,200 sqft
Price / Sqft
$201
Schools
Elementary: Spokane Dist 81
Days to Sell
102 days
MLS #
SAR202212882
Parcel #
35182.2906
Annual Taxes
$6,428
Total Building Area
7,200 sqft
MLS Area
A330/020
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
W
MLS Status
Sold
Listed On
Mar 25, 2022
Went Pending
Apr 29, 2022
Status Changed
Jul 26, 2022
Last MLS Update
Jul 26, 2022
MLS Branch
144
School Information
Elementary
Spokane Dist 81
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Parking
Lot Features
Listed By
Dan Hilton
Hilton Real Estate, Inc.
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$7,854/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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