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$469,900
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
4-Plex with commercial potential. Central city location; 1/2 block west of Division & Bridgeport and on main bus route. 2 units are 1BR/1 BA and 2 are 2BR/1 BA. 3 of 4 units rented. Upper unit #2 remains vacant for showing purposes (2BR/1BA) and has had recent new paint & flooring installed. Rents effective as of 6/1/22 will be: $700 for 1BR/1BA units, $1000 for lower unit #3 (2BR/1BA), and $1,100 estimated for vacant Unit 2 (nicer 2BR/1BA unit; has W/D/hookups). Property has had long-term tenants/steady income (even through COVID)! Exterior storage areas and off-street parking/parking lot at rear of complex. Wonderful opportunity for owner occupancy while earning income; possible 203K potential. Some deferred maintenance needed; excellent investment with upside potential. Seller selling as-is; cannot build for this price. https://www.homesnap.com/WA/Spokane/16-W-Gray-Court?bookshowing
Sale Summary
Sold Price
$469,900
List Price
$469,900
Sale vs List
+0%
Close Date
Aug 1, 2022
Financing
Conventional
Buyer's Agent
Patrick Stillman
Property Details
Property Type
Rental
Year Built
1977
Subdivision
WHITINGS 2ND RES L10B19
County
Spokane
Lot Size
0.17 acres
Living Area
3,136 sqft
Price / Sqft
$150
Schools
Elementary: Spokane Dist 81
Days to Sell
79 days
MLS #
SAR202215581
Parcel #
35064.3302
Annual Taxes
$2,679
Total Building Area
3,136 sqft
MLS Area
A330/013
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
W
MLS Status
Sold
Listed On
May 13, 2022
Went Pending
Jun 8, 2022
Status Changed
Aug 1, 2022
Last MLS Update
Aug 1, 2022
MLS Branch
217
School Information
Elementary
Spokane Dist 81
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Appliances
Parking
Lot Features
Listed By
Lisa Dressel-Ferraro
Windermere Manito, LLC
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
$2,545/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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