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$250,000

5 bd
2 ba
2459 days
Single Family Residence|Built 1904
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Gonzaga area investment property! 5 bed, 2 bath GU-area rental home, just 2 blocks North of Mission Park. Very low maintenance and easy to rent. Large, fenced back yard, vinyl siding, main floor laundry and both basement bedrooms are egress. Leased through May 31, 2020 and tenants pay all utilities including W/S/G. 9% CAP rate which is unheard of in this market and rents to increase for 2020-2021 to $2250, making it over a 10 CAP!

Sale Summary

Sold Price

$255,000

List Price

$250,000

Sale vs List

+2%

Close Date

Sep 20, 2019

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Single Family Residence

Year Built

1904

County

Spokane

Lot Size

0.16 acres

Garage

2-car

Schools

Elementary: Spokane Dist 81, Middle: Shaw, High: Lewis & Clark

Days to Sell

14 days

MLS #

SAR201923102

Parcel #

35084.3306

Annual Taxes

$1,663

MLS Area

A340/025

MLS Class

Residential

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Sep 5, 2019

Went Pending

Sep 8, 2019

Status Changed

Sep 23, 2019

Last MLS Update

Jul 21, 2021

MLS Branch

513

School Information

Elementary

Spokane Dist 81

Middle School

Shaw

High School

Lewis & Clark

Home Features & Details

Architectural Style

Craftsman

Construction

Vinyl Siding

Structure Type

One and a Half Story

Roof

Composition

Basement

PartialFinished

Heating

Natural GasElectricBaseboard

Utilities

Cable Available

Appliances

Free-Standing RangeDishwasherRefrigeratorWasherDryer

Interior Features

High Speed InternetPantry

Patio & Porch

Patio

Parking

DetachedOff Site

Lot Features

Level

Listed By

Marc Nilson

Keller Williams Spokane - Main

Estimated Monthly Payment

$1,354/mo

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

Property Highlights

Year Built1904
Lot Size0.16 acres
StatusClosed

Location

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