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$359,000

929 days
Rental|Built 9999
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Discover an exceptional investment opportunity with this highly sought-after income property. This unique offering presents a smart way to both live and invest. By purchasing, you have the opportunity to reside in one of the three living spaces while renting out the other two, covering your mortgage with the rental income. Priced at $359,000, this property is a steal, being $15,000 below its appraised value. It's a rare chance to own a home that has been thoughtfully divided into a duplex, with each unit featuring two bedrooms and one bathroom. This setup allows for flexibility to customize as either a spacious home or a dual-income source. Additionally, the property includes a guest house, presenting further potential to offset your mortgage, with rental rates ranging from $800 to $1000 per month.Situated conveniently close to schools, accessible within a short walk or drive, this property combines practicality with great investment potential. Don't miss out on this smart way to live & invest.

Sale Summary

Sold Price

$350,000

List Price

$359,000

Sale vs List

-3%

Close Date

Apr 16, 2024

Financing

FHA

Buyer's Agent

Kimberly Allen

Property Details

Property Type

Rental

Year Built

9999

County

Pend Oreille

Lot Size

0.13 acres

Total Parking

3 spaces

Schools

Elementary: Newport

Days to Sell

43 days

MLS #

SAR202412457

Parcel #

16906

Annual Taxes

$2,451

MLS Area

A943/181

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Mar 3, 2024

Went Pending

Mar 8, 2024

Status Changed

Apr 16, 2024

Last MLS Update

Apr 17, 2024

MLS Branch

513

School Information

Elementary

Newport

Home Features & Details

Architectural Style

Ranch

Construction

Steel Frame

Structure Type

Two Story

Roof

Metal

Basement

PartialPartially FinishedRI BdrmLaundry

Heating

BaseboardHot Water

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Interior Features

Windows Vinyl

Views

City

Parking

Off SiteAlley Access

Lot Features

Fenced YardLevel

Other Structures

Guest House

Listed By

Thomas Parrish

Keller Williams Spokane - Main

Estimated Monthly Payment

$1,945/mo

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

Property Highlights

Year Built9999
Lot Size0.13 acres
StatusClosed

Location

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