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$1,450,000

10,080 sqft
1616 days
Rental|Built 1903
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Excellent turn-key investment opportunity on the beautiful South Hill! Minutes from downtown Spokane, retail, restaurants, parks, and health services! This building is 10,080 sq ft featuring 14 units across four floors, with additional onsite laundry and storage room in the basement. Twelve units are 1bd/1ba, and two are 2bd/2ba. Units professionally managed, are leased out, with two currently undergoing revamp. The back of the building has a large patio with space for activities and parking. Don't miss this income opportunity!

Sale Summary

Sold Price

$1,400,000

List Price

$1,450,000

Sale vs List

-3%

Close Date

Jun 8, 2022

Financing

Conventional

Buyer's Agent

Ron Parker

Property Details

Property Type

Rental

Year Built

1903

County

Spokane

Lot Size

0.31 acres

Living Area

10,080 sqft

Price / Sqft

$144

Schools

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

Days to Sell

52 days

MLS #

SAR202214055

Parcel #

35193.1915

Total Building Area

10,080 sqft

MLS Area

A220/040

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Apr 16, 2022

Went Pending

Apr 17, 2022

Status Changed

Jun 9, 2022

Last MLS Update

Jun 9, 2022

MLS Branch

552

School Information

Elementary

Spokane Dist 81

Middle School

Scajawea

High School

Lewis & Clark

Home Features & Details

Architectural Style

Other

Construction

Stucco

Structure Type

See Remarks

Roof

Composition

Basement

FullPartially FinishedLaundry

Heating

Electric

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Patio & Porch

Patio

Views

City

Parking

RV Access/ParkingWorkshop in GarageSee Remarks

Lot Features

City Bus (w/in 6 blks)

Listed By

Nick Grishko

Kelly Right Real Estate of Spo

Estimated Monthly Payment

$7,854/mo

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

Property Highlights

Year Built1903
Square Footage10,080 sqft
Lot Size0.31 acres
Price / Sqft$144
StatusClosed

Location

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