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$319,900

2,325 sqft
1360 days
Rental|Built 1908
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Fantastic Corbin Park duplex with an awesome 44’ x 24’ shop! Great opportunity for incredible cash flow, especially with a few updates. Separately metered with some classic features like hardwood floors & nice upgrades including a high-efficiency furnace, electrical panel & most of the wiring. 2 bed/1 bath on main level with large living room & formal dining with corner fireplace. Upstairs functions as a 1 bedroom but technically has 2, if no need for living room & features brand new carpet plus a charming, covered balcony! Use the shop for tenant parking and storage or rent it out separately to maximize cash flow. Rents are projected, and fully updated units should rent for $1,700 & $1,300. Add the shop & it’s a total cash cow! Perfect for someone needing workshop or storage space. Would make a great owner occupant home with In-law suite / separate rental unit. Quiet, desirable residential neighborhood with quick access to downtown, just a couple blocks to historic Corbin Park and the North Monroe District!

Sale Summary

Sold Price

$350,000

List Price

$319,900

Sale vs List

+9%

Close Date

Jan 10, 2023

Financing

Cash

Buyer's Agent

Gaye Shumaker

Property Details

Property Type

Rental

Year Built

1908

County

Spokane

Lot Size

0.16 acres

Living Area

2,325 sqft

Price / Sqft

$138

Garage

1-car

Total Parking

2 spaces

Schools

Elementary: Spokane Dist 81, Middle: Glover, High: North Central

Days to Sell

12 days

MLS #

SAR202226210

Parcel #

35071.3113

Annual Taxes

$2,377

Total Building Area

2,325 sqft

MLS Area

A330/019

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Dec 28, 2022

Went Pending

Jan 2, 2023

Status Changed

Jan 10, 2023

Last MLS Update

Jan 10, 2023

MLS Branch

443

School Information

Elementary

Spokane Dist 81

Middle School

Glover

High School

North Central

Home Features & Details

Architectural Style

Craftsman

Construction

Wood Siding

Structure Type

Duplex

Roof

Composition

Basement

PartialLaundryWalk-Out Access

Flooring

Wood

Heating

Natural GasForced Air

Cooling

Central AirWindow Unit(s)

Utilities

Cable Available

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Interior Features

High Speed Internet

Fireplace Features

Masonry

Patio & Porch

DeckPatio

Parking

DetachedGarage Door OpenerWorkshop in GarageOff SiteAlley AccessOversized

Lot Features

Fenced YardLevel

Other Structures

Workshop

Listed By

Erik Dordal

Windermere City Group

Estimated Monthly Payment

$1,733/mo

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

Property Highlights

Year Built1908
Square Footage2,325 sqft
Lot Size0.16 acres
Price / Sqft$138
StatusClosed

Location

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