Bought with Shane Bangle
$401,500
$400,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
2,378 SqFt
SOLD DATE : 03/04/2025
Key Details
Sold Price $401,500
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 2,378 sqft
Price per Sqft $168
MLS Listing ID 202425020
Sold Date 03/04/25
Style Craftsman
Year Built 1916
Annual Tax Amount $2,579
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Rental
Property Description
Income-producing triplex with $3,245 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide added value—consider converting the laundry to coin-op for extra income! Don't miss this fantastic investment opportunity.
Location
State WA
County Spokane
Rooms
Basement Partial, Finished
Interior
Heating Electric, Baseboard
Appliance Free-Standing Range, Refrigerator, Washer, Dryer
Exterior
Parking Features Detached
Garage Spaces 2.0
Amenities Available Patio, Laundry
View Y/N true
View Territorial
Roof Type Composition Shingle
Building
Lot Description Sprinkler - Automatic, Level, City Bus (w/in 6 blks)
Story 2
Architectural Style Craftsman
Structure Type Wood
Schools
Elementary Schools Willard
Middle Schools Glover
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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