Bought with Rebecca Ruark
$560,000
$559,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
3,324 SqFt
SOLD DATE : 04/23/2024
Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 3,324 sqft
Price per Sqft $168
Subdivision Cannons Add
MLS Listing ID 202413070
Sold Date 04/23/24
Style Tudor
Year Built 1906
Annual Tax Amount $4,779
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Rental
Property Description
Welcome to your next investment opportunity nestled in the heart of Spokane – a charming triplex, yielding nearly a 6.5% cap rate, boasting a rich history of great tenants. Situated in the coveted south hill, this triplex offers convenience and accessibility to all that Spokane has to offer. With its great rental history and 100% occupancy rate, you're stepping into a lucrative venture from day one. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable income stream, this triplex presents an unparalleled opportunity to grow your portfolio. From refreshed interiors to upgraded amenities, this triplex won't disappoint. Parking is no problem with the added 3 stall garage with openers in addition to off-street parking.
Location
State WA
County Spokane
Rooms
Basement Full, Partial, Laundry, Walk-Out Access
Interior
Heating Gas Hot Air Furnace, Electric, Oil, Baseboard
Fireplaces Type Masonry
Appliance Free-Standing Range, Dishwasher, Washer, Dryer
Exterior
Parking Features Detached, Workshop in Garage, Oversized
Garage Spaces 3.0
Amenities Available None
View Y/N true
View Territorial
Roof Type Composition Shingle
Building
Lot Description Fenced Yard, Treed, Level, Oversized Lot
Story 2
Architectural Style Tudor
Structure Type Wood
Schools
Elementary Schools Roosevelt
Middle Schools Sac
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Exchange
Listing Terms Conventional, Cash, Exchange
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