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$140,000

Rental|Built 1929
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Don’t miss this opportunity to own a 4-plex with a 10.5% Cap Rate & Positive Cash Flow! One 3BR/1BA, two 1BR/1BA, & one studio bring in over $1,900/month. Each unit has a fireplace & lots of character. Individually metered & all tenants pay their own electricity. Building remodeled in 2004 w/updated kitchens, baths, flooring, & paint. On-site laundry facility provides extra cash. Several long-term tenants. Large lot ~0.46 acres. Bank has indicated they will accept a short sale at $140,000!

Sale Summary

Sold Price

$138,000

List Price

$140,000

Sale vs List

-1%

Close Date

Sep 16, 2008

Financing

Conventional

Buyer's Agent

Scott Muggli

Property Details

Property Type

Rental

Year Built

1929

County

Spokane

Lot Size

0.46 acres

Garage

1-car

Total Parking

4 spaces

Schools

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

Days to Sell

269 days

MLS #

SAR27037358

Parcel #

35232.2213

MLS Area

A210/029

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Dec 21, 2007

Went Pending

Sep 8, 2008

Status Changed

Sep 17, 2008

Last MLS Update

Nov 21, 2024

MLS Branch

96

School Information

Elementary

Spokane Dist 81

Middle School

Chase

High School

Ferris

Home Features & Details

Architectural Style

Ranch

Construction

BrickSiding

Structure Type

One Story

Roof

Composition

Basement

Partial

Flooring

Wood

Heating

Natural GasElectricForced AirBaseboardDuctless

Utilities

Cable Available

Appliances

Free-Standing RangeRefrigerator

Interior Features

Natural Woodwork

Fireplace Features

Masonry

Patio & Porch

Patio

Parking

DetachedCarportRV Access/Parking

Lot Features

TreedLevelCity Bus (w/in 6 blks)Oversized Lot

Other Structures

Shed(s)

Listed By

Joey Duris

John L Scott, Inc.

Estimated Monthly Payment

$758/mo

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

Property Highlights

Year Built1929
Lot Size0.46 acres
StatusClosed

Location

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