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$2,500,000

14,658 sqft
1513 days
Rental|Built 1978
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Well Maintained 17 Unit Apartments (2 Buildings) across from the Spokane River. There are 14 Units with 2BD & 1BA and 3 Units with 1BD & 1BA and both buildings have On Site Laundry. Some of the Features of these Large Apartments are Private Patio's or Deck's with Slider’s, Nice Walk-In Closets (in the 2 BD units), Galley Kitchens with Stove, Refrigerator, Dishwasher and all units have Wall AC's. There is Assigned Carport Parking, extra parking in the paved lot and plenty of off-street parking and grassy areas to enjoy! Always Rented these units mostly have long term tenants. There is a Sprinkler System and an outdoor Storage Shed and Indoor Shop Area. Your Tenants will love the access to Witter Aquatic Center, the Spokane River and the New Upriver Park. You are also close to Spokane Community College (it is walkable), Gonzaga, Restaurants and Shopping!

Sale Summary

Sold Price

$2,341,250

List Price

$2,500,000

Sale vs List

-6%

Close Date

Oct 18, 2022

Financing

Conventional

Buyer's Agent

Jay Overholser

Property Details

Property Type

Rental

Year Built

1978

County

Spokane

Lot Size

81 acres

Living Area

14,658 sqft

Price / Sqft

$171

Total Parking

10 spaces

Schools

Elementary: Spokane Dist 81, Middle: Yasuhara MS, High: North Central

Days to Sell

81 days

MLS #

SAR202220285

Parcel #

35094.0205

Annual Taxes

$12,774

Total Building Area

14,658 sqft

MLS Area

A340/026

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Jul 28, 2022

Went Pending

Aug 2, 2022

Status Changed

Nov 17, 2022

Last MLS Update

Nov 19, 2022

MLS Branch

513

School Information

Elementary

Spokane Dist 81

Middle School

Yasuhara MS

High School

North Central

Home Features & Details

Architectural Style

Traditional

Construction

MasoniteSiding

Structure Type

Three Story

Roof

Flat

Basement

LaundrySlab

Heating

Baseboard

Cooling

Wall Unit(s)

Utilities

Cable Available

Appliances

Free-Standing RangeDishwasherRefrigerator

Interior Features

High Speed InternetKitchen IslandWindows Vinyl

Patio & Porch

DeckPatio

Views

Water

Waterfront

River FrontSee Remarks

Parking

CarportOff Site

Lot Features

ViewsSprinkler - AutomaticTreedLevelCorner LotCity Bus (w/in 6 blks)Oversized Lot

Other Structures

Shed(s)

Listed By

Eric Peterson

Keller Williams Spokane - Main

Estimated Monthly Payment

$13,542/mo

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

Property Highlights

Year Built1978
Square Footage14,658 sqft
Lot Size81 acres
Price / Sqft$171
StatusClosed

Location

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