Bought with Hunter Mackay
$305,000
$305,000
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2,598 SqFt
SOLD DATE : 03/03/2025
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 2,598 sqft
Price per Sqft $117
MLS Listing ID 202510849
Sold Date 03/03/25
Style Victorian
Year Built 1899
Annual Tax Amount $3,507
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Rental
Property Description
INVESTMENT ALERT! This adorable duplex combines old-world charm with modern updates in a prime Lower South Hill location. Featuring two units: a 1 bed, 1 bath on the main level and a 2 bed, 1 bath upstairs (both leased through Jan 2026), this property is ready to start cash flowing. Major updates include a new roof in 2018 and recent furnaces and air conditioning units for both units. With big-ticket items taken care of, you can focus on maximizing your investment. Both units generate $2,500/month in rental income, with tenants covering gas and electricity. Each unit includes the convenience of in-unit laundry as well. Don't miss this low-maintenance, income-producing property in a sought-after area!
Location
State WA
County Spokane
Rooms
Basement Full, Unfinished
Interior
Interior Features Utility Room, Wood Floor
Heating Gas Hot Air Furnace, Forced Air
Cooling Central Air
Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Parking Features Off Site, Alley Access
Amenities Available Deck, Gas, See Remarks
View Y/N true
View City, Territorial
Roof Type Composition Shingle
Building
Lot Description Fenced Yard, Level
Story 2
Architectural Style Victorian
Structure Type Wood
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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