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Sold for $131,000 Sold

W Mallon
Spokane, WA 99201

4 units | Multi Family Home
0.13 acres - MLS# 201716847
Property Photo

Sold

Sold for $131,000 on Aug 29, 2017

Description

“As Is” Estate Sale with new roof boasting estimated 10.6% cap rate: 4-plex conversion with three 1-bedroom units and one-2 bedroom unit. All separately metered for tenant-paid electrical. All units with stove, refrigerator & baseboard heat. Monthly rents currently: $400/$450/$550/$600 can easily go higher. Additional income possible with potential coin-op laundry, storage units or even fifth unit in unfinished basement.

Features

  • # Baths Unt A: 1
  • # Baths Unt B: 0.75
  • # Baths Unt C: 1
  • # Baths Unt D: 0.75
  • # Br Unt A: 1
  • # Br Unt B: 1
  • # Br Unt C: 2
  • # Br Unt D: 1
  • # Ranges: 4
  • # Refrig: 4
  • # Stories: 2
  • # Units A: 1
  • # Units B: 1
  • # Units C: 1
  • # Units D: 1
  • Access: Pub Rd, Paved
  • Annual Water: 3900
  • Apx Lot Size Sq Ft: 5663
  • Basement: Full, Unfinished
  • County/Area: Spokane County
  • Exterior: Wood
  • Gross Mnth Income: 2000
  • Heat/Cooling: Elec, Basebd
  • Listing Status: Sold
  • Lot Information: Level
  • Lot Size: 0.1300
  • Property Type: Multi Family Home
  • Roof: Comp
  • School District: Spokane Dist 81
  • Selling Agent: Todd Bunger
  • Selling Office: Kelly Right Real Estate Of Spokane
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Sold Date: 2017-08-29 00:00:00
  • Sold Price: 131000
  • Stories: 1-1/2 Story
  • Sub Type: Rental Income
  • Subdivision: Ollis Addition
  • Subdivision/Neighborhood: Ollis Addition
  • Taxes: 1794
  • Terms: Conv, Cash
  • Units: 4
  • Year Built: 1903
  • Zip Code: 99201



David James | 509-863-8097 | Email Me
9017 N Country Homes Blvd. - Spokane, WA 99218
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