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$699,000

4,320 sqft
1267 days
Rental|Built 1905
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Wonderful investment opportunity! Lovely South Hill 2 Story offering 4 apartments with many upgrades including, Newer Siding, Windows, Blown-in Insulation, updated apartments w/new flooring, fixtures, fresh paint and much more. Laundry room downstairs, storage lockers for each unit, Covered parking for 3 vehicles. There are currently 3, 1Bd, apartments plus 1, 2Bd, apartment and additional rented storage space upstairs and basement. There are several other opportunities for this building, including converting the basement to additional living space for a main floor unit, or making it into a common area for all the units and converting the apartments into furnished housing/Airbnb. Could also be reverted back to an Estate style Single Family Home. Excellent location on a nicely treed South Hill street in the historic Cannon Hill Addition. Close to Hospitals, Shopping and minutes from Downtown, Riverfront Park and quick access to I-90. All units except staged apartment are rented.

Sale Summary

Sold Price

$685,000

List Price

$699,000

Sale vs List

-2%

Close Date

May 16, 2023

Financing

FHA

Buyer's Agent

Jeci Adams

Property Details

Property Type

Rental

Year Built

1905

Subdivision

Cannons Addition

County

Spokane

Lot Size

0.16 acres

Living Area

4,320 sqft

Price / Sqft

$162

Total Parking

2 spaces

Schools

Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark

Days to Sell

45 days

MLS #

SAR202313181

Parcel #

25244.5109

Total Building Area

4,320 sqft

MLS Area

A220/040

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Mar 31, 2023

Went Pending

Apr 18, 2023

Status Changed

May 17, 2023

Last MLS Update

May 17, 2023

MLS Branch

1033

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Architectural Style

Victorian

Construction

BrickVinyl Siding

Structure Type

Two Story

Roof

Composition

Basement

FullPartially FinishedLaundryWalk-Out Access

Flooring

Wood

Heating

Natural GasElectric

Utilities

Cable Available

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Interior Features

High Speed InternetNatural WoodworkWindows Vinyl

Parking

CarportOff Site

Listed By

Natalia Seefeldt

Regal Real Estate

Estimated Monthly Payment

$3,786/mo

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

Property Highlights

Year Built1905
Square Footage4,320 sqft
Lot Size0.16 acres
Price / Sqft$162
StatusClosed

Location

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