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$345,000

3,140 sqft
2117 days
Rental|Built 1904
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Great location! Contact List Agent to set up limited 30 minute showing appointment. What a great opportunity to own a well-cared for fourplex currently at a 6% cap rate with the ability increase that return. Just 4 blocks west of Kendall Yards shopping and restaurants! Owner has completed many updates during his ownership such as new windows, window AC in each unit, newer gas hot water heater. Very low turnover but easy to rent when a vacancy occurs. All four units are currently occupied and rent has been paid every month! Common laundry for the tenants in the basement at no charge and separate key for each tenant to access. Off street parking with security/motion lights and nice landscaping with fenced front yard. Near Downtown Spokane and Monroe Street restaurants and shopping. Room to increase the return on your investment! DO NOT DISTURB TENANTS!!

Sale Summary

Sold Price

$320,000

List Price

$345,000

Sale vs List

-7%

Close Date

Jan 29, 2021

Financing

Conventional

Buyer's Agent

Danny Patterson

Property Details

Property Type

Rental

Year Built

1904

County

Spokane

Lot Size

0.14 acres

Living Area

3,140 sqft

Price / Sqft

$110

Total Parking

4 spaces

Schools

Elementary: Spokane Dist 81

Days to Sell

57 days

MLS #

SAR202025350

Parcel #

25131.0212

Total Building Area

3,140 sqft

MLS Area

A330/024

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Dec 2, 2020

Went Pending

Dec 29, 2020

Status Changed

Feb 1, 2021

Last MLS Update

Nov 21, 2024

MLS Branch

217

School Information

Elementary

Spokane Dist 81

Home Features & Details

Architectural Style

Craftsman

Construction

Wood Siding

Structure Type

Two Story

Roof

Composition

Basement

PartialUnfinishedLaundry

Heating

Natural GasElectric

Views

Territorial

Parking

None

Listed By

Kelli Johnson

Windermere Manito, LLC

Estimated Monthly Payment

$1,869/mo

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

Property Highlights

Year Built1904
Square Footage3,140 sqft
Lot Size0.14 acres
Price / Sqft$110
StatusClosed

Location

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