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$649,000

6,423 sqft
814 days
Rental|Built 1909
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

6 plex in the historic Cannon neighborhood has tons of charm & character. with a steady rental history. Large 1st floor unit would be perfect for owner occupied. Some tenants have been there many years & the property manager estimates the rent is at least 20%n below market. Basement has 2 1BD/1BA apts as well as community laundry and storage. 1st floor has large 3BD/1BA apt with beautiful woodwork, built ins. 2nd floor has 3 1BD/1BA apts. 3rd floor could be rented but needs a fire escape. Priced to reflect awareness that there are definitely deferred maintenance issues & updating that will be done. 3 apts left vacant to make it easy to show.

Sale Summary

Sold Price

$525,000

List Price

$649,000

Sale vs List

-19%

Close Date

Jan 30, 2025

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1909

County

Spokane

Lot Size

0.18 acres

Living Area

6,423 sqft

Price / Sqft

$101

Garage

6-car

Total Parking

1900 spaces

Schools

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

Days to Sell

217 days

MLS #

SAR202418725

Parcel #

25244.4114

Annual Taxes

$5,426

Total Building Area

6,423 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

Jun 26, 2024

Went Pending

Dec 22, 2024

Status Changed

Jan 30, 2025

Last MLS Update

Jan 30, 2025

MLS Branch

449

School Information

Elementary

Spokane Dist 81

Middle School

Sac

High School

Lewis & Clark

Home Features & Details

Construction

Wood Siding

Structure Type

Three Story

Roof

Composition

Basement

FullPartially FinishedLaundryWalk-Out Access

Heating

Natural GasForced Air

Interior Features

Natural Woodwork

Parking

Alley AccessNone

Lot Features

Fenced YardTreedOpen LotCity Bus (w/in 6 blks)

Listed By

Mary Butler

Professional Realty Services

Estimated Monthly Payment

$3,515/mo

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

Property Highlights

Year Built1909
Square Footage6,423 sqft
Lot Size0.18 acres
Price / Sqft$101
StatusClosed

Location

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