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$595,000

3,104 sqft
1569 days
Rental|Built 1976
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

2 units completely remodeled to like new. Other 2 units to the north could use updating as rents reflect. 2 vacant updated units being advertised at $1,250 month. Existing tenants on month to month. All units exactly the same floor plans except flipped. Great CAP rate at current rents, but still room for improvement. Washer and Dryer included only in updated units. Landlord pays w/s/g. Seller funds part of Reverse 1031 Exchange. Annual water $4,272 includes sewer and garbage.

Sale Summary

Sold Price

$595,000

List Price

$595,000

Sale vs List

+0%

Close Date

Aug 31, 2022

Financing

Conventional

Buyer's Agent

Ryan Layton

Property Details

Property Type

Rental

Year Built

1976

County

Spokane

Lot Size

0.14 acres

Living Area

3,104 sqft

Price / Sqft

$192

Total Parking

4 spaces

Schools

Elementary: Spokane Dist 81

Days to Sell

89 days

MLS #

SAR202216989

Parcel #

25124.6001

Annual Taxes

$2,672

Total Building Area

3,104 sqft

MLS Area

A330/020

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Jun 2, 2022

Went Pending

Jul 6, 2022

Status Changed

Sep 7, 2022

Last MLS Update

Sep 8, 2022

MLS Branch

449

School Information

Elementary

Spokane Dist 81

Home Features & Details

Architectural Style

Contemporary

Construction

Stone VeneerSiding

Structure Type

Duplex

Roof

Composition

Basement

None

Heating

ElectricBaseboardDuctless

Cooling

Wall Unit(s)

Appliances

Free-Standing RangeRefrigerator

Interior Features

High Speed Internet

Parking

SlabOff SiteAlley Access

Lot Features

LevelCorner LotCity Bus (w/in 6 blks)Fencing

Listed By

Robert Miller

Professional Realty Services

Estimated Monthly Payment

$3,223/mo

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

Property Highlights

Year Built1976
Square Footage3,104 sqft
Lot Size0.14 acres
Price / Sqft$192
StatusClosed

Location

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