Bought with Jay Overholser
$2,600,000
$3,050,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
15,296 SqFt
SOLD DATE : 02/21/2025
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 15,296 sqft
Price per Sqft $169
MLS Listing ID 202423379
Sold Date 02/21/25
Year Built 1993
Annual Tax Amount $27,360
Lot Size 1.350 Acres
Lot Dimensions 1.35
Property Sub-Type Rental
Property Description
Absolute gem of a property in the heart of the Spokane Valley. All units include an in unit washer/dryer, range, refrigerator, dishwasher and a single car garage. Ample, uncovered off street parking is also available. Spacious, 2br/2ba units of which 12 of the 16 are ground floor units. Although well maintained, the units are not updated in any significant way and the roof is original. Market rents are approximately 40% higher than in place rents. Seller financing offer on approved credit. 20% down, 5.5% interest only payments for five years. See flyer in Associated docs for rents and expenses.
Location
State WA
County Spokane
Rooms
Basement Slab
Interior
Heating Electric, Ductless
Cooling Wall Unit(s)
Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Parking Features Detached, Slab/Strip
Amenities Available Patio, None
View Y/N true
Roof Type Composition Shingle
Building
Lot Description Fenced Yard, Sprinkler - Automatic
Story 2
Structure Type Vinyl Siding
Schools
School District Central Valley
Others
Acceptable Financing Owner Financing
Listing Terms Owner Financing
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