$559,000
$559,000
For more information regarding the value of a property, please contact us for a free consultation.
3,324 SqFt
SOLD DATE : 04/23/2024
Key Details
Sold Price $559,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,324 sqft
Price per Sqft $168
MLS Listing ID 24-2087
Sold Date 04/23/24
Style Multi Level
HOA Y/N No
Originating Board Coeur d'Alene Multiple Listing Service
Year Built 1906
Annual Tax Amount $4,779
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 7100
Property Sub-Type Apartment
Property Description
Welcome to your next investment opportunity nestled in the heart of Spokane - a charming triplex, yielding nearly a 6.5% cap rate, boasting a rich history of great tenants. Situated in the coveted south hill, this triplex offers convenience and accessibility to all that Spokane has to offer. With its great rental history and 100% occupancy rate, you're stepping into a lucrative venture from day one. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable income stream, this triplex presents an unparalleled opportunity to grow your portfolio. From refreshed interiors to upgraded amenities, this triplex won't disappoint. Parking is no problem with the added 3 stall garage with openers in addition to off-street parking.
Location
State WA
County Spokane
Area Washington Counties
Zoning RMF
Direction South on Maple, west on 8th two blocks. Property is third house on the right fron corner of 8th and Ash.
Rooms
Basement Part Finished, Walk-Out Access
Interior
Interior Features Cable TV, Fireplace, High Speed Internet
Heating Natural Gas, Baseboard
Exterior
Exterior Feature Covered Porch, Fencing - Full
Garage Description 2 Car
View Territorial
Roof Type Composition
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Multi Level
New Construction No
Schools
School District Other
Others
Tax ID 25244.3609
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Windermere Valley/Liberty Lake
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "