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$325,000

1596 days
Rental|Built 1976
Joey Costello

Joey Costello

Windermere North Spokane

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|(509) 507-0982

About This Home

Investor Opportunity! This tri-plex is in an ideal rural location sitting on low maintenance .5 acre lot - under 40 minutes to Spokane, Cheney, Airway Heights, and Fairchild Airforce base. Two upper units both with 2 beds and 1 bath have been updated with new cadet heaters and vinyl windows. One of the upper units has been fully updated with new carpet, kitchen cabinets, and a new bathroom. The lower unit contains 3 bedrooms and 2 baths. There is a large shared deck that both upper and lower units have direct access to and each unit has additional private storage in the shared laundry room. With a high demand for renters, this location is known to have a line of applicants - With 3 units, 7 total bedrooms, and a private, rural location with the potential to purchase additional surrounding lots, you must see this property to check out the possibilities.

Sale Summary

Sold Price

$367,500

List Price

$325,000

Sale vs List

+13%

Close Date

Jun 1, 2022

Financing

Cash

Buyer's Agent

Ken Fry

Property Details

Property Type

Rental

Year Built

1976

County

Lincoln

Lot Size

0.51 acres

Total Parking

6 spaces

Schools

Elementary: Sprague

Days to Sell

25 days

MLS #

SAR202215150

Parcel #

2138901000070

Annual Taxes

$725.26

MLS Area

A933/107

MLS Class

Rental Income

Listing Terms

FHA, Conventional, Cash

Road Frontage

Private Road, Gravel

MLS Status

Sold

Listed On

May 6, 2022

Went Pending

May 11, 2022

Status Changed

Jun 3, 2022

Last MLS Update

Jun 3, 2022

MLS Branch

513

School Information

Elementary

Sprague

Home Features & Details

Architectural Style

Ranch

Construction

Masonite

Structure Type

Two Story

Roof

Composition

Basement

FullFinishedLaundryWalk-Out AccessSlab

Heating

ElectricBaseboard

Cooling

Wall Unit(s)

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Patio & Porch

Deck

Views

Territorial

Parking

Carport

Lot Features

ViewsOpen Lot

Listed By

Nikki Kubas

Keller Williams Spokane - Main

Estimated Monthly Payment

$1,760/mo

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

Property Highlights

Year Built1976
Lot Size0.51 acres
StatusClosed

Location

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