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$7,500,000

47,734 sqft
1317 days
Rental|Built 1972
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

43 unit apartment building in Lincoln Heights on the south hill. 32- 2 bedroom 1 bath units, 10- 3 bedroom 1.5 bath units and 1 studio apartment. All units have carports, fridge, stove, dishwasher, garbage disposal, and AC. Updates include newer vinyl windows, exterior paint, siding, and stair railings. Close to shopping and schools. All hand railings in the front will be completed to match the stair railings as well steel stairs will be replaced prior to closing. Owner is a licensed real estate agent in the state of Washington.

Sale Summary

Sold Price

$6,500,000

List Price

$7,500,000

Sale vs List

-13%

Close Date

Jun 22, 2023

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1972

County

Spokane

Lot Size

2 acres

Living Area

47,734 sqft

Price / Sqft

$157

Total Parking

43 spaces

Schools

Elementary: Spokane Dist 81, Middle: Chase, High: Ferris

Days to Sell

131 days

MLS #

SAR202311354

Parcel #

35331.1001

Annual Taxes

$48,583

Total Building Area

47,734 sqft

MLS Area

A210/047

MLS Class

Rental Income

Listing Terms

Conventional, Cash, Commercial

Road Frontage

City Street, Paved Road

Street Direction

S

MLS Status

Sold

Listed On

Feb 10, 2023

Went Pending

Mar 16, 2023

Status Changed

Jun 26, 2023

Last MLS Update

Jun 26, 2023

MLS Branch

178

School Information

Elementary

Spokane Dist 81

Middle School

Chase

High School

Ferris

Home Features & Details

Architectural Style

Contemporary

Construction

Brick VeneerSiding

Structure Type

Three Story

Roof

Flat

Basement

PartialUnfinished

Heating

ElectricBaseboard

Cooling

Wall Unit(s)

Utilities

Cable Available

Appliances

Free-Standing RangeDishwasherRefrigeratorDisposalWasherDryer

Interior Features

Windows Vinyl

Patio & Porch

DeckPatio

Parking

CarportAssigned

Lot Features

City Bus (w/in 6 blks)Fencing

Other Structures

Shed(s)

Listed By

Dayna Chisum

Windermere Valley

Estimated Monthly Payment

$40,625/mo

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

Property Highlights

Year Built1972
Square Footage47,734 sqft
Lot Size2 acres
Price / Sqft$157
StatusClosed

Location

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