No photos available

$125,000

4 bd
3 ba
2,887 sqft
Single Family Residence|Built 1942
Joey Costello

Joey Costello

Windermere North Spokane

Tour for free, no strings attached

Make a winning offer with the help of a local expert

|(509) 507-0982

About This Home

Great income opportunity! 8% cap rate on this 2 unit complex situated on .44 acres. Large solar system produces additional $700/year. Unit A rents for $850/month, 1687SF with 3 bedrooms, 2 bathrooms, master suite, large living room with vaulted ceiling and family room off of kitchen. Unit B rents for $500/month, 420SF, 1 bedroom, 1 bath, living room, eating space in kitchen. Storage for both units in 780SF basement. Plenty of covered parking.

Sale Summary

Sold Price

$128,000

List Price

$125,000

Sale vs List

+2%

Close Date

Oct 28, 2015

Financing

FHA

Buyer's Agent

Michael Stinger

Property Details

Property Type

Single Family Residence

Year Built

1942

County

Spokane

Lot Size

0.44 acres

Living Area

2,887 sqft

Price / Sqft

$43

Garage

2-car

Fireplaces

2

Schools

Elementary: Medical Lake

Days to Sell

138 days

MLS #

SAR201519455

Parcel #

05252.9049

Annual Taxes

$1,483

Total Building Area

2,887 sqft

MLS Area

A430/128

MLS Class

Residential

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Jun 11, 2015

Went Pending

Oct 28, 2015

Status Changed

Oct 29, 2015

Last MLS Update

Jul 21, 2021

MLS Branch

723

School Information

Elementary

Medical Lake

Home Features & Details

Architectural Style

Ranch

Construction

MasoniteWood Siding

Structure Type

One Story

Roof

Composition

Basement

PartialUnfinished

Heating

ElectricOilBaseboardPropaneSolar

Appliances

RangeFree-Standing RangeDishwasherRefrigeratorMicrowave

Interior Features

PantryCathedral Ceiling(s)In-Law Floorplan

Fireplace Features

PropanePellet Stove

Patio & Porch

Deck

Parking

DetachedCarportRV Access/ParkingWorkshop in GarageGarage Door OpenerOversized

Lot Features

FencingFenced YardTreedLevel

Other Structures

WorkshopStge Shd

Listed By

Patrick Murphy

Live Real Estate, LLC

Estimated Monthly Payment

$677/mo

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

Property Highlights

Year Built1942
Square Footage2,887 sqft
Lot Size0.44 acres
Price / Sqft$43
StatusClosed

Location

Loading map...

Comparable Properties

Thinking of Selling?

Get Joey's Full-Service Marketing

Professional photography, targeted advertising, and expert negotiation for every Medical Lake home — no matter the price point.

CallText Joey About This Home