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Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Rare opportunity! This Triplex was built with owner occupant in mind. Located in a very desirable location, making it a perfect opportunity for an owner occupant investor, or rent all 3 for a great return on investment. The unique layout and design gives you a spacious, 3 bed 1 bath unit with large family room in basement with its own laundry. Unit 2 is a 3 bed 1 bath with long term happy tenants. Both of the main floor units have hardwood floors and gas radiant heat with central AC. In addition, they have their own garage with openers. Unit 3 is a one bedroom 1 bath with long term tenants. with cap rate of 5.7% return. There is a 4th unit potential with its own entrance to add to your already great income. It has been used as a VRBO rental as is. Needs kitchen and permanent heat source as well as some insulation and sheet rock to the ceiling for sound proofing. Could produce another $1200 a month. Occupied units can be shown after mutual acceptance. Convenient central location close to all amenities.
Sold Price
$685,000
List Price
$700,000
Sale vs List
-2%
Close Date
Nov 15, 2024
Financing
Conventional
Buyer's Agent
Danny Pontius
Property Type
Rental
Year Built
1951
County
Spokane
Lot Size
0.14 acres
Living Area
4,836 sqft
Price / Sqft
$145
Garage
3-car
Total Parking
1956 spaces
Schools
Elementary: Spokane Dist 81, Middle: Sac, High: Lewis & Clark
Days to Sell
64 days
MLS #
SAR202422830
Parcel #
351931401
Total Building Area
4,836 sqft
MLS Area
A220/040
MLS Class
Rental Income
Listing Terms
VA Loan, Conventional, Cash
Road Frontage
City Street
Street Direction
S
MLS Status
Sold
Listed On
Sep 11, 2024
Went Pending
Oct 15, 2024
Status Changed
Nov 15, 2024
Last MLS Update
Nov 15, 2024
MLS Branch
165
Elementary
Spokane Dist 81
Middle School
Sac
High School
Lewis & Clark
Architectural Style
Construction
Structure Type
Roof
Basement
Flooring
Windows
Heating
Cooling
Appliances
Interior Features
Fireplace Features
Patio & Porch
Parking
Lot Features
Listed By
Myah Allen
EXIT Real Estate Professionals

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$3,792/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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