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$299,900

759 days
Rental|Built 1950
Joey Costello

Joey Costello

Windermere North Spokane

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|(509) 507-0982

About This Home

House hacking opportunity. Live in one unit and rent out the other to bring down your payment. Tenants enjoy forced air gas heat, large comfortable units, ample off street parking, separate fenced backyards, and a convenient location near parks, restaurants, library, grocery store, and elementary school. Easy commute to Fairchild Air Force Base, Amazon, airport, casinos, and downtown Spokane. Tenants pay all utilities other than water and sewer. (Owner also pays for lawn care). Indicated rents are pro-forma. 629 S. King is vacant for viewing. Manager has recommended $1200 and said we could maybe go higher. The other side, 627 S. King is currently rented at $750 to a very long term tenant. Property manager sent offer increasing to $785 on renewal (on June 30) so it is not too big of an increase.

Sale Summary

Sold Price

$301,490

List Price

$299,900

Sale vs List

+1%

Close Date

Jun 13, 2024

Financing

Conventional

Buyer's Agent

Keri McCombs

Property Details

Property Type

Rental

Year Built

1950

County

Spokane

Lot Size

0.22 acres

Total Parking

4 spaces

Schools

Elementary: Cheney

Days to Sell

40 days

MLS #

SAR202415666

Parcel #

15234.2905

Annual Taxes

$2,166

MLS Area

A430/052

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

S

MLS Status

Sold

Listed On

May 3, 2024

Went Pending

May 10, 2024

Status Changed

Jun 13, 2024

Last MLS Update

Jun 14, 2024

MLS Branch

67

School Information

Elementary

Cheney

Home Features & Details

Architectural Style

Ranch

Construction

Wood Siding

Structure Type

Duplex

Roof

Composition

Basement

Crawl Space

Heating

Natural GasForced Air

Appliances

Free-Standing RangeRefrigerator

Views

Territorial

Parking

Off SiteAssigned

Lot Features

Fenced YardLevelOpen Lot

Listed By

Deepak Malhotra

Cheney Realty, Inc.

Estimated Monthly Payment

$1,624/mo

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

Property Highlights

Year Built1950
Lot Size0.22 acres
StatusClosed

Location

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